Top Ten Questions relating to Northolt Lease Extensions

  • My partner has an apartment based in Northolt which we have just put on the market. The leasehold has just under 74 years balance left 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? Thank you.
  • Think I may have made an error, I am seeking a conveyancing practitioners in Northolt who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can assist me with?
  • I am looking into the costs of carrying out a lease extension for my one bedroom apartment in Northolt, and would like some figures on that.
  • We acquired a leasehold with a landlord who has failed to respond by way of a counter-notice for a lease extension for our flat in Northolt and looking to do a vesting order. Is this something you can handle for us?
  • My mortgage lender is requesting a £450 fee for their conveyancing practitioners to agree a lease extension for my flat in Northolt... I can find no mention of this in my mortgage literature... is this a standard cost that they charge?
  • We are considering purchasing a garden flat in Northolt which is a leasehold. I am wanting to weigh up the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and prevent me from having a lease extension?
  • Me and my wife are proceeding with a purchase of a one bedroom apartment in Northolt. I was advised by the EA that the lease extension had already been completed while on a viewing (62 years unexpired lease prior to extension). The description on the listing stated "sold with a long lease". It transpires as we are about to exchange of contracts we find that the lease has not been extended. The seller supposedly has a quote but no finances to extend and consequently the vendor wishes to exchange and use the my deposit to extend the lease. My question is as the lease hasn't been extended is there not a danger that it would breach my lenders lease length criteria?
  • I intend to buy a one bed flat in Northolt for asking price of 145k, which has fivety seven years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My question is: If landlord does not agree to a marriage value (part of lease extension fees) of surveyor, how lengthy and easy is the process of going down the route of Leasehold Valuation Tribunal?
  • I own the freehold reversion of a property in Northolt and a leaseholder has requested a lease extension. Her valuer has given a figure of £8,000, but has increased this to £10,000 without too much effort. My valuer has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I deal with this myself, just armed with the valuations I have? If not, what fee would I be likely to incur?
  • I have 62 years remaining on my lease of a ground floor flat in Northolt, the Landlord requires a £25k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is acceptable
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    Lease Extensions in Northolt

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