Lease Extensions in Kennington

Frequently asked questions relating to Kennington Lease Extensions

We agreed with the freeholder for a lease extension on our flat based in Kennington, 14k for an additional 90yrs. What's your solicitors fee ?

I’m about to offer on a garden flat to purchase in the Kennington area and was after more information on what the likely fees would be to extend a lease? It has 70 years outstanding...

I inherited a ground floor flat in Kennington. The start date for the lease was in 1997 for 99 years. Now I am wanting for a lease extension. I am uncertain about additional expenses, could you tell me please how much I should expect to spend on this?

I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Kennington, and would like some figures on that.

We inherited a leasehold with a landlord who has not given us a counter-notice for a lease extension for our flat in Kennington and looking to do a vesting order. Is this something you can do for us?

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?

We are hoping to acquire a home (a one bedroom first floor purpose built flat inKennington with share of freehold). Throughout our search, we were always looking at flats that had at least ninety years left on the lease. We found a place we liked and the selling agent promised us that the lease was long albeit not specifying a number. Today our informed us the lease only has sixety six years and thus requires a lease extension. Should we run away, or should we reduce our offer?

I am the registered freeholder to two flats. Someone has the lease on the ground flat in Kennington. I occupy in the upper flat. I was reviewing the land registry documents yesterday when I noticed that my flat is leasehold. There is sixety four years outstanding. If I want a lease extension then would I simply be paying for the fees?

I am currently negotiating a lease extension for my flat in Kennington as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?

I have a lease of 61 years remaining on my flat in Kennington. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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