Common questions relating to East Acton Lease Extensions

  • So this is the scenario: I acquired a three bedroom first floor purpose built flat in East Acton that I am now unable to sell as a result of the lease needing a lease extension. How long will it take ?
  • My partner has a flat located in East Acton which we have just put on the market. The leasehold has about 66 years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Thank you.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I own a studio flat in East Acton. The start date for the lease was in 2001 for 99 years. Now I am wanting to extend the lease. I am not entirely sure about further expenses, could you tell me please how much I should expect to spend on this?
  • The terms for the lease on my apartment in East Acton are 99 years from 1 Feb 1990. Can you give me a quote to extend the lease if I give you more details please?
  • I am a landlord of a block of flats in East Acton, and the lessees are in the process of being given lease extensions. I should hopefully get funds next week. As I am not on self assessment do I contact the tax authorities ?
  • I am the freeholder of a 1930’s 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 58 years. What are my next steps?
  • Coming up to 2 years that I have been in my studio flat in East Acton. I have seventy seven yrs remaining on the lease. I am now wanting to purchase a share of freehold or a lease extension. I acquired the property for 342K, it is now roughly 425k. I understand that 90 years is the period most people extend. I spoke to my property lawyers about the process, he answered most of my questions but just have one left: Is there a benefit in getting a East Acton based property lawyers or any will do fine?
  • I'm looking for some help concerning a lease extension on my apartment. I'll be looking to do this sometime next year 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. You are able to recommend a good conveyancers with expertise in lease extensions. Ideally someone in East Acton area?
  • My and my fiance know that others in the same block previously had a lease extension, and the freeholder seemed reasonable. Therefore is seems worth taking risk of not having formal valuation and calculate the initial offer on on the prices by others . This would save on double valuation fees. Would you suggest such a course of action?
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    Lease Extensions in East Acton

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