Sample questions relating to Kensal Rise Lease Extensions

  • So this is the scenario: I bought a maisonette in Kensal Rise that I am finding difficult to sell as a result of the lease requiring a lease extension. How long will it take ?
  • My name´s Oliver. I’m property hunting in Kensal Rise I'm seeing a ground floor flat online, with just over sixety five years left, how much will it likely cost to get a lease extension by, say, twenty years?
  • I am in need of a rough estimate of what a lease extension will cost for a flat I would like to buy. It has 58 years residual lease term.
  • I am about to put an offer in on a garden flat in Kensal Rise with a lease of 69 years but have no idea what it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I own a studio flat in Kensal Rise. The start date for the lease was in 1991 for 99 years. Now I am looking for a lease extension. I am in the dark about additional expenses, could you tell me please how much I should expect to spend on this?
  • I am a first time buyer of a leasehold flat in Kensal Rise. The lease has just 65 years balance left and ground rent is £95. Is it possible for the flat owner to serve the Initial Notice and then assign this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year qualifying period before I can apply to for a lease extension or have to deal with all this expense later? I have read this may be possible but will it be very time consuming to the homeowner? To add to the complexity the freeholder can not be found, so I am not sure how this will play out.
  • I am planning to get a lease extension and am wondering what step I have to do first, I have been previously told that I have to have the finances in place before I initiate the process, is this correct?
  • My fiance and I have been in discussion with our freeholder after having a valuation on our one bed flat in Kensal Rise. We have a 66 year lease and we wish to increase this to 99. The Freeholder has provided us with a financial figure that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • I am the freeholder of a property in Kensal Rise and a leaseholder would like a lease extension. Her valuer has given a figure of £8,000, but has increased this by £2,000 at the drop of a hat. My surveyor has recommended a much higher premium. Negotiations have broken down so it looks at though we need to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what charges would I be likely to incur?
  • I'm hoping for some advice concerning extending the lease on my flat. I'll be looking to do this next autumn as we must 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. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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