Frequently asked questions relating to Chipstead Lease Extensions

  • I have an interest in the freehold of buildings comprising of 8 flats each. Two of the leasehold owners want a lease extension and I'm enquiring about the procedure for this
  • I am going to purchase a flat based in Chipstead. My offer is subject to the lease extension. The current owner’s conveyancers has given to the freeholder the Notice of Claim. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender HSBC Bank. Moreover, which are the following lease extension steps to complete the purchase?
  • My neighbours and I are in a block of three flats in Chipstead and have been offered to buy the freehold for £3,500 per flat rather than go for lease extensions. We are all in agreement that we want to do this but how do we get started and what is the likely cost?
  • I am looking into the costs of carrying out a lease extension for my GFF in Chipstead, and would like some figures on that.
  • Is it possible to talk with you about a flat in Chipstead, I am considering bidding at auction in the next few days. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.
  • I am looking at bidding for an auction property and found a one bed flat in Chipstead. It only has a 41 year lease..the vendor being mortgagees in possession will not want the aggravation of seeking a lease extension..what are the drawbacks of this other than the expensive fee to put a new lease on it and decreased chance of getting a mortgage with Yorkshire Building Society?
  • My leasehold flat in Chipstead is up for sale and I have a hopefully firm offer. There is 79 years to run on the lease and I want a lease extension. How much will it likely cost to get a lease extension by, say,ninety years
  • I am in need of some help with a lease extension. I live in Glasgow but the property in question is based in Chipstead. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • It says on your website the likely fee to extend a lease is £495. Is that the all inclusive cost excluding value added tax and the land registry fee? The price has already been agreed with the freeholder for the lease extension for my maisonette in Chipstead
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in Chipstead. I reside in the top flat. I was looking at the title deeds today when I noticed that my flat has a lease on it. There is sixety four years left. Is it possible to do a lease extension without instructing a lawyers?
  • Other Topics

    Lease Extensions in Chipstead

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