Frequently asked questions relating to Chepstow Lease Extensions

  • I’m about to offer on a two bedroom first floor purpose built flat to purchase in the Chepstow area and was curious what the likely fees would be to extend a lease? It has fivety seven years as a balance left...
  • My wife has a flat based in Chepstow which we are about to put on the market. The leasehold has nearon 76 years remaining on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • I am interested in getting a lease extension for a flat in Chepstow and want to use a local . Is there a that you can recommend?
  • I am a first time buyer of a leasehold flat in Chepstow. The lease has only fivety six years outstanding and ground rent is £75. Is it possible for the current owner to serve the Notice of Claim and then assign over the right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is legal but will it be very time costly to the flat owner? Unfortunately the freeholder can not be found, so I am not sure how this will play out.
  • We are looking to extend our lease. We will have been in the flat for 2 years as of 1st March 2016. It has circa sixety seven years remaining currently. Hoping to get a lease extension by way of an additional 90 years as expeditiously and stress free as possible.
  • I am in need of some help with a lease extension. I live in Belfast but the flat in question is based in Chepstow. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm intent on buying a flat in Chepstow at a price of £195,000 the flat has just under fivety nine years unexpired on the lease. I put in an offer conditional upon a lease extension... .. that was back in September, expecting I'd have completed by Christmas. The owner has just come back saying they are willing to reduce the price by£2k if they don't have to deal with the lease extension. I'm not sure if I should take them up on the offer
  • I am worried about obtaining a lease extension from an objectionable landlord. Even though the legal procedures were adhered to under the appropriate legislation, the freeholder still attempted to get ground rent of £250 doubling every twenty years of the new lease. Can you assist?
  • I have sixety five years remaining on my lease of a ground floor flat in Chepstow, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • We have a three bed flat in Chepstow with a lease of sixety five years left with a value of around £290000 we want to add 90 years to it, how much is that likely to cost?

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