Questions and Answers: Chipstead Lease Extensions

  • Me and my partner have just purchased a garden flat based inChipstead and I'm thinking about a lease extension as soon as practicable e.g. after a couple of years
  • My wife has an apartment in Chipstead which we are about to put on the market. The leasehold has slightly more than 74 years residual lease term on it and we are concerned this will come up for anyone who may be interested. I am after more information on how we commence arranging a lease extension? Many thanks.
  • I own a property in Chipstead and it has nearon 79 years balance left. I'd like to extend the lease period
  • I have contacted my freeholder for a lease extension for my flat in Chipstead. His conveyancing practitioners has been in contact concerning charges etc. I need a quote for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started August 1993.
  • Is it possible to talk with you about a flat in Chipstead, I am thinking of bidding at auction in the next few days. The flat has a short lease and I was wondering about how much it would cost to get a lease extension and for your services.
  • I will soon view a one bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has 64 years remaining on the lease. It is also a repo so I'm assuming that the vendor will not be interested in extending the lease. My main concern is would the short lease make it difficult to secure a mortgage?
  • Even though I may not need a lease extension but I do need a vesting order on a property I want to buy in Chipstead. The house is freehold but the garden is officially leasehold, 1000 year lease from 1854. Its the rear garden.
  • If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • Hello I am the freeholder interest in a 3 bedroom flat in Chipstead. The leaseholder has a sixety five year lease and would like to purchase an additional 125 years. He is offering me £21,000 but I am not sure if this is too low an offer
  • I'm hoping for some assistance concerning a lease extension on my apartment. I'll be looking to do this in six months time as we have to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
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    Lease Extensions in Chipstead

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