Top Ten Questions relating to Little Venice Lease Extensions

  • I have just bought a ground floor flat located inLittle Venice and I'm deliberating a lease extension as soon as I can e.g. after a couple of years
  • My partner has an apartment in Little Venice which we have just put on the market. The leasehold has circa 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 commence arranging a lease extension? Many thanks.
  • 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?
  • Possibly made an error, I am searching for a in Little Venice who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
  • My apartment in Little Venice is up for sale and I have a hopefully firm offer. There is 82 years unexpired on the lease and I want a lease extension. How much does it cost on average to get a lease extension by, say,thirty years
  • I would like some guidance on leasehold property buying. We are going to buy a 1920s detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Little Venice area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to lease out the property?
  • We would like to know the cost of a lease extension valuation for a property based in Little Venice. Would you be able to help?
  • 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 doing it?
  • I note that your website states the anticipated fee for dealing with a lease extension is £495. Is that the total cost including value added tax and the HMLR fee? The price has already been negotiated with the freeholder for the lease extension for my garden flat in Little Venice
  • We are acquiring a garden flat in Little Venice which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of extending the lease. The seller has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. 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 property title number is not known. Is it correct that we have to be patient pending registration of the new lease?

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