Frequently asked questions relating to Chesterton Lease Extensions

  • We have just acquired a garden flat located inChesterton and I'm deliberating a lease extension as soon as possible e.g. in 24 months of ownership
  • Hello, I just randomly found this website. I'm seeking prices on what a lease extension will cost for a a property located in Chesterton. It's up for sale at the moment but has approximately 69 years left on the lease
  • I think our has advised us incorrectly concerning a lease extension and I would like to know how to complain
  • I need to extend my current lease can you help me with that? I think it has seventy six years unexpired
  • I want to acquire a leasehold property and lease extension. The vendor has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • How much will it cost me and what is the best way to start the lease extension process? I have nearon fivety eight years remaining on my lease on a one bedroom apartment in Chesterton. I have contacted the managing agents who act on behalf of the landlord and they gave me the number of the surveyor. I left a phone message for the valuer but I am not getting any calls back.
  • I intend to buy a one bed flat in Chesterton for asking price of 125k, which has seventy four years lease left on it. Seller doesn't want to extend the lease for even if I were to pay the money to the seller. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • Just been over two years that I have owned my garden flat in Chesterton. I have sixety four years remaining on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of legal charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to LVT)?
  • It says on your website the likely fee for dealing with a lease extension is £495. Is that the all inclusive cost including value added tax and the HMLR fee? The price has already been agreed with the freeholder for the lease extension for my three bed flat in Chesterton
  • My brother and I are in the throws of buying a home (a maisonette inChesterton with share of freehold). Throughout our search, we were always looking at properties that had at least eighty five years remaining. We identified a flat we fell in love with and the selling agent assured that the lease was long albeit not specifying a number. Today our told us the lease only has fivety seven years and therefore requires a lease extension. Do we run away, or do we negotiate our offer?

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Chesterton