FAQs concerning Kensal Rise Lease Extensions

  • I own a leasehold flat in the Kensal Rise area and was wondering whether I could get a lease extension. What are your processes and fees. Has 63 years remaining
  • I'm about to make an offer on a house in Kensal Rise but I'm concerned about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Chelsea Building Society giving us the mortgage now?
  • I am looking for a rough estimate of what a lease extension will cost for a flat I would like to buy. It has fivety six years residual lease term.
  • I am the owner of a maisonnette and the freehold reversion. The owners of the upstairs flat have asked for a lease extension what do I need to do?
  • I am a landlord of a block of flats in Kensal Rise, and the leaseholders are in the process of being given lease extensions. I anticipate receiving funds next week. As I am not on self assessment do I contact HMRC ?
  • I have a share of the freehold. There are three flats in the house. All the leaseholders are now seeking lease extensions. How long will take to get a lease extension?
  • I am hoping to extend the lease on my maisonette in Kensal Rise I am looking for help to verify the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • I own 70% in a shared ownership flat with a housing association and I am considering a lease extension on a lease which is now around seventy five years. I need a at my end. Can you advise please? I live near Kensal Rise and have a mortgage with Virgin Money.
  • Although I do not need a lease extension but I do require a vesting order on a property I want to buy in Kensal Rise. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the garden area.
  • I am currently negotiating a lease extension for my flat in Kensal Rise 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?

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