Chepstow Lease Extension - Your Legal Fees Calculator
Sample questions relating to Chepstow Lease Extensions
I invested in buying a 2 bed apartment in Chepstow that I am now unable to sell due to the lease requiring a lease extension. How long will it take ?
We acquired a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Chepstow and looking to do a vesting order. Is this something you can handle for us?
I am looking to either purchase the freehold or a lease extension of my property in Chepstow and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a refinance with The Royal Bank of Scotland to release of equity. My adviser handling the remortgage suggested I get two quotes : one for the lease extension and one for outright purchase .The lease began in 1979 and since then the ground rent has been raised from £15.00 per year to £100 per year.
I'm looking for an apartment to purchase in Chepstow and I'm not really familiar with the leasehold concept. I've identified a place I like with a 90 years lease. My research reveals that I can go for a lease extension after a couple of years, but:- Is this a given?
We are considering purchasing a maisonette in Chepstow which is a leasehold. I am wondering what are the advantages and disadvantages of that - what occurs when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
My husband and I are proceeding with buying a garden flat in Chepstow. I was advised by the EA that the lease extension had already been completed while on a viewing (sixety three years unexpired lease prior to extension). The description on the listing said "sold with a long lease". It transpires at the point of exchange of contracts we find that there has been no lease extension. The flat owner apparently has a quote but no money to extend as a result the homeowner wants to exchange and use the deposit monies for the lease extension. My question is is it not odd that my conveyancers failed to spot this far earlier than just before exchange?
My lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I am the freeholder of a Edwardian property split into two flats. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 76 years. What are my next steps?
I own the freehold to two flats. Someone has the lease on the garden flat in Chepstow. I reside in the upper flat. I was looking at the title deeds last night when I noticed that my flat has a lease on it. There is sixety one years left. Is it possible to do a lease extension without using a conveyancers?
Are you able to provide an estimate to extend my mother’s lease on a one bedroom first floor purpose built flat in Chepstow. She already has a price from the landlord for a lease extension but I am far from certain if it is reasonable.