Common questions relating to Chorleywood Lease Extensions

  • So this is the scenario: I bought a maisonette in Chorleywood that I am finding difficult to sell due to the lease requiring a lease extension. How long will it take ?
  • I need to extend my current lease can you help me with that? I think it has 75 years balance left
  • I am going to purchase a flat in Chorleywood. The offer is subject to the lease extension. The flat owner’s lawyers has served the Section 42 Notice. 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 Virgin Money. Moreover, which are the following lease extension steps to complete the purchase?
  • We are selling our ground floor flat in Chorleywood but we may need a lease extension, or possibly cover the costs of our purchaser. Are you able to suggest someone to undertake the legal formalities?
  • My mortgage provider requires a £600 fee for their solicitors to agree a lease extension for my flat in Chorleywood... I can find no mention of this in my mortgage contract... is this a usual charge?
  • I am planning to get a lease extension and am wondering which step I have to do first, I have been previously told that I have to have the finances in place before I commence the process, is this correct?
  • I would like some help on leasehold property buying. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Chorleywood area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to let the property?
  • I am in need of some help with a lease extension. I live in Edinburgh but the flat in question is based in Chorleywood. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • Just been over 2 years that I have been in my studio flat in Chorleywood. I have 65 yrs left on the lease. I am now looking either to buy a share of freehold or a lease extension. I purchased the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my lawyers 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 the tribunal etc)?
  • Do you handle lease extensions on land? (a plot of land in Chorleywood with 82yrs remaining)
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    Lease Extensions in Chorleywood

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