Frequently asked questions relating to Paddington Lease Extensions

  • I acquired a flat in Paddington with a leasehold unexpired nearon 71 years and need to extend it. Please can you clarify the next steps
  • I think our has advised us incorrectly concerning a lease extension and I would like to find out how to go about making a formal complaint
  • I want to buy a leasehold property and lease extension. The owner has been there for four years and will assign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • The terms for the lease on my flat in Paddington are 101 years from 10 Sep 1989. Please give me a quote for a lease extension if I give you more specifics please?
  • We are looking to extend our lease. We will have been in the apartment for 2 years as of 22nd May 2016. It has nearly sixety two years remaining currently. Hoping to get a lease extension with a further 90 years as quickly and stress free as possible.
  • I am planning to extend the lease on my ground floor flat in Paddington I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
  • My fiance and I have been in discussion with our freeholder after having a valuation on our two bedroom first floor purpose built flat in Paddington. We have a 74 year lease and we wish to increase this to 99. The Freeholder has given us with a premium amount that he is happy with to accept for the extension of the lease, which we are happy with as well and wish to proceed. All we need now is a to handle this for us. Can you please provide me what your costs would be to act on our behalf.
  • Are you able to provide an estimate to extend my mum’s lease on a one bedroom ground floor purpose built flat in Paddington. She recently got a price from the freeholder for a lease extension but I am not sure it is reasonable.
  • I am planning on refinancing my one bedroom apartment in Paddington and the bank that I am looking to move to needs a minimum 80 years remaining on the lease in order for them to progress matters. We currently have around 70 years on the leasehold so looking for some advice, guidance, and some quotes to start the lease extension process
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Paddington