Common questions relating to Kilburn Lease Extensions

  • I am looking to extend the lease on my maisonette in Kilburn which will have 70 years left in November. What fees are applicable?
  • I want to purchase a leasehold property and lease extension. The current owner has been there for three years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I'm looking for an apartment to purchase in Kilburn and I'm not really familiar with the leasehold tenure. I've found a one bedroom first floor purpose built flat I like with a 90 years lease. I've read that I can get a lease extension having owned the property for 2 years, but:- Is this a given?
  • I would like some guidance on purchasing a leasehold residence. We are going to buy a link detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Kilburn area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • My wife and I would like to know the cost of a lease extension valuation for a property based in Kilburn. Would you be able to help?
  • If a leaseholder owns a flat with a lease of under 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?
  • My partner and I are buying a maisonette in Kilburn which has share of freehold and a leasehold. The lease was starting to get low so the owner commenced extending the lease. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our to do a "priority search" on the lease. 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 lease title number is not known. Is it correct that we must hold on until the lease extension has actually been registered before completing.?
  • My brother and I are in the throws of buying a property (a maisonette inKilburn with share of freehold). During our search, we were always looking at apartments that had a minimum ninety years balance left. We found a flat 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 one years and thus needs a lease extension. Should we run away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
  • I have sixety seven years remaining on my lease of a ground floor flat in Kilburn, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is too high
  • I have a lease of 69 years remaining on my flat in Kilburn. 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?

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