Recently asked questions relating to Acton Lease Extensions

  • We have just purchased a garden flat based inActon and I'm deliberating a lease extension as soon as practicable e.g. in a couple of years
  • We have seen a house for sale for £185,000 and we are very keen on but we've just discovered that it is leasehold. There are 899 years left so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any feedback would be much appreciated.
  • How much will it cost me and what is the best way to get a lease extension started? I have approximately 59 years unexpired lease on my lease on a one bedroom apartment in Acton. I have emailed the managing agents who represent the freeholder and they provided me with the number of the surveyor. I have contacted the valuer but I am not getting any returned calls.
  • I am a landlord of a block of flats in Acton, and the leaseholders are in the process of being granted lease extensions. I should hopefully get the money within a month or so. Are there any tax implications, the property is co-owned with my husband ?
  • I intend to buy a one bed flat in Acton for asking price of 156k, which has seventy five years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If the freeholder 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?
  • Me and my OH have owned a leasehold flat for about twenty years. There are sixety three years unexpired lease on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the freeholder. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome some independent thoughts.
  • I am the freeholder of a Edwardian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current seventy three years. What are my next steps?
  • If a leaseholder owns a flat with a lease of less than 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 extending the lease?
  • I'm hoping for some help with regard to extending the lease on my apartment. I'll be looking to do this next winter as we need 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 tribunal route. Can you recommend a good with expertise in lease extensions. Ideally nearby in Acton?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in Acton

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