Common questions relating to Osterley Lease Extensions

  • I am looking to extend the lease on my three bedroom second floor purpose built maisonette in Osterley which will have 61 years unexpired lease in August. What fees do you charge for this?
  • Think I may have made a mistake, I am actually looking for a property lawyers in Osterley who has Leasehold Tribunal expertise in relation to lease extensions. Is this something you can help me with?
  • I will soon view a two bedroom maisonette, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has fivety seven years left on the lease. It is also a repo so I'm assuming that the lender will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • I am concerned that my daughter is being hoodwinked. She submitted an offer on a ground floor flat in Osterley, where the lease is approximately seventy two years but she was advised by the selling agents that the vendor had extended it to 99 years. Only now has she been advised the vendor was waiting for her to instruct solicitors ahead of instigating the lease extension. Sounds odd to me, also it may take time to sort it all out. What do you think?
  • My fiance and I are proceeding with buying a maisonette in Osterley. I was told that the lease had been extended (75 years left prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The seller supposedly has a quote but no money to extend and consequently the current owner wishes to exchange and use the 10% deposit to extend the lease. My question is why has this only just been brought to my attention by my lawyers?
  • I own a purpose-built apartment located in a small block in Osterley. The leasehold interest in the flat on a ninety five year lease which commenced from 30th August 1980 with a non-reviewable ground rent of £25 per annum. I would like to obtain a lease extension. Can I talk with someone to discuss my options please?
  • I would like some advice on leasehold property buying. We are going to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. Is it safe to buy a leasehold house in Osterley 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?
  • Just been over 2 years that I have owned my one bedroom apartment in Osterley. I have 72 yrs unexpired lease on the lease. I am now looking either to purchase a share of freehold or a lease extension. I acquired the property for 350K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Osterley based conveyancing practitioners or any will do fine?
  • I own the freehold to two flats. Someone has the lease on the ground flat in Osterley. I live in the top flat. I was reviewing the land registry documents today when I noticed that my flat has a lease on it. There is sixety two years left. If I want to do a lease extension then would I simply be paying for the lawyers costs?
  • I am currently negotiating a lease extension for my flat in Osterley as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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    Lease Extensions in Osterley

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