Recently asked questions relating to North Kensington Lease Extensions

  • I am thinking about a lease extension for our leasehold house based in North Kensington and we don't fully comprehend the letter that we received from our freehold company. Can you please help us with this situation?
  • My partner and I have just completed on a maisonette based inNorth Kensington and I'm deliberating a lease extension as soon as practicable e.g. after two years
  • I'm wanting to make an offer on a house in North Kensington but I'm a little worried 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 Nottingham Building Society giving us the mortgage now?
  • We have seen a house for sale for £195k and we are very interested but we've just found out that it is leasehold. There are 928 years left so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any guidance would be much appreciated.
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in North Kensington, and would like some figures on that.
  • We bought a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in North Kensington and are therefore deliberating the option of a vesting order. Is this something you can do for us?
  • We are looking to extend our lease having owned the flat for two years as of 22nd Jan 2016. It has about 65 years remaining currently. Hoping to get a lease extension by another 90 years as quickly and stress free as possible.
  • We would like to know the cost of a lease extension valuation for a property based in North Kensington. Is this something you can assist us with?
  • Hi I own the freehold title in a 3 bedroom flat in North Kensington. The leaseholder has a sixety four year lease and would like to purchase an additional 125 years. She is offering me £27,000 but I am unsure if this is a correct amount
  • I am the freeholder of a property in North Kensington and a leaseholder has requested 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 come back with £12,520. 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 deal with this myself, just equipped with the valuations I have? If not, what charges would I be likely to face?

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