Bayswater Lease Extensions: Q and A’s

  • We agreed with the head landlord to a lease extension on our flat based in Bayswater, 15k for a further 90yrs. Are you willing to help us with this situation ?
  • 20,000 agreed with the freeholder, just attempting to find a Bayswater for a lease extension. Our lease has just under sixety eight yearsremaining. How long will this take ?
  • I need to extend my existing lease can you assist? My investigation with the Land Registry reveal that it has 57 years balance left
  • I'm thinking of buying a three bed flat (leasehold) but the landlord has been absent for slightly more than 15yrs. My query is would it be less expensive to try to purchase the reversionary title or to extend lease and apply for right to manage?
  • I am considering whether to purchase the freehold or a lease extension of my property in Bayswater and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I plan to simultaneously refinance with Clydesdale to free up equity. The broker handling the remortgage suggested I get two quotes : one to extend the lease and one for outright purchase .The lease commenced in 1972 and since then the ground rent has increased from £38.00 per year to £200 per year.
  • I am concerned that my niece is being hoodwinked. She submitted an offer on a ground floor flat in Bayswater, where the lease is around 70 years but she was informed by the selling agents that the seller had extended it to 99 years. Only now has she been advised the owner was holding off for her to appoint solicitors ahead of instigating the lease extension. Sounds odd to me, also it will take months to sort it all out. Am I being too sceptical?
  • I have a share of the freehold. There are four apartments in the house. All the leaseholders are now requiring lease extensions. What's your legal fee?
  • I own a purpose-built apartment in a large block in Bayswater. The leasehold interest in the flat on a 101 year lease started on 1 August 1970 with a set ground rent of £10 per annum. I wish to obtain a lease extension. Can I call someone to go through my options please?
  • I'm intent on acquiring a flat in Bayswater at a price of £256,000 the flat has just under 72 years remaining on the lease. I put in an offer subject to the lease being renewed... .. that was back in September, hoping I'd be in before Christmas. They have just informed the agent that they are prepared to reduce the price by£8k if I deal with the lease extension myself. I'm unsure if I should take them up on the offer
  • We are acquiring a two bedroom first floor purpose built flat in Bayswater which has share of freehold and a leasehold. The lease was on the short side so the owner commenced extending the lease. The owner has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. A crucial aspect of the conveyancing process is for our to do OS1 search on the property title. The problem here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it right that we must wait pending registration of the new lease?

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