North Kensington Lease Extensions

Sample questions relating to North Kensington Lease Extensions

Hi. I need a to have a look at my lease extension ahead of it being signed just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few minor variations.

I am about to put an offer in on a two bedroom second floor purpose built maisonette in North Kensington with a lease of 65 years but not sure what it will cost me to renew so I can put in an offer given to future cost of a lease extension.

I inherited a one bed flat in North Kensington. The lease commenced 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 thinking about whether to purchase the freehold or a lease extension of my property in North Kensington and have been in touch with the freeholder, have had quote for around £3k to extend the lease. I will be doing a refinance with Santander to release of equity. The broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for outright acquisition .The lease commenced in 1979 and since then the ground rent has been raised from £15.00 per annum to £300 per annum.

My husband has a share of freehold, with two other leaseholders in a building in North Kensington. House split into three apartments. He has a lease, which has about seventy yrs left. How much would it cost for a lease extension and how many years would he need to extend by?

Just been over two years that I have been in my garden flat in North Kensington. I have seventy three yrs outstanding on the lease. I am now looking either to purchase a share of freehold or extend my lease. I acquired the property for 350K, it is now roughly 445k. I understand that 90 years is the period most people extend. I spoke to my about the process, he answered most of my questions but just have one left: What can I expect in terms of surveyors charges for a lease extension? Are they usually fixed or tend to increase over time (i.e. if the process goes to the tribunal etc)?

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 was hoping you might be able to tell me the process of how to apply for a lease extension for my one bed flat in North Kensington

Do you handle lease extensions on land? (a plot of land in North Kensington with 82yrs remaining)

I have a lease of sixety two years remaining on my flat in North Kensington. 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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