Common questions relating to North Kensington Lease Extensions

  • I bought a flat in North Kensington with a leasehold unexpired approximately 58 years and need to extend it. Please can you advise me of the next steps
  • I have a lease of 71 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I am looking to buy a garden flat in North Kensington with a lease of 65 years but not sure how much it will cost me to renew so I can put in an offer given to future cost of a lease extension.
  • I own a two bedroom ground floor purpose built flat in North Kensington. The start date for the lease was in 1997 for 99 years. Now I am looking to extend the lease. I am unclear about further expenses, could you tell me please how much I should expect to spend on this?
  • I am looking into the costs of carrying out a lease extension for my garden flat in North Kensington, and would like some figures on that.
  • I am looking at acquiring an auction property and found a studio flat in North Kensington. It only has a 50 year lease..the seller being mortgagees in possession dont want to mess around with negotiating a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and decreased chance of getting a mortgage with Yorkshire Building Society?
  • My husband and I have a one bedroom flat in North Kensington. There is eighty years to run on the lease and we want to extend the lease. How much will it likely cost to get a lease extension by, say,twenty years
  • 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 doing it?
  • We currently own a studio flat in North Kensington and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has seventy four years left. Not sure what to do, have read some bits on the web saying it will be 15k plus to get a lease extension. Do you have some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my studio flat in North Kensington
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    Lease Extensions in North Kensington

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