Top Ten Questions relating to Ravenscourt Park Lease Extensions

  • Hi, I stumbled upon your website. I'm seeking prices on what it cost to extend a lease of a one bedroom apartment in Ravenscourt Park. It's on sale at the moment but has nearly 65 years left on the lease
  • I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Ravenscourt Park - I wanted to see if with your services it is possible for this to be extended?
  • I want to buy a leasehold property and lease extension. The seller has been there for four years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Ravenscourt Park, and my lease will reach sixety nine years this February. Could you advise me about the costs and time-frame to obtain your valuation? Also, do you represent your clients at the LVT court?
  • I plan on buying a flat in Ravenscourt Park. The offer is subject to the lease extension. The flat owner’s property lawyers has given to the freeholder the Section 42 Notice. Once this notice has been accepted by the freeholder, it is possible for the lessee to assign the benefit of that notice to me, the buyer, so that the buyer “stands in the shoes” of the Lessee, so to speak. I was wondering if this could be a problem for the mortgage lender Godiva Mortgages Ltd. Moreover, which are the following lease extension steps to complete the purchase?
  • I need to talk to you about a flat in Ravenscourt Park, I am considering bidding at auction next week. The flat only has a few years outstanding and I wanted to inquire about how much it would cost to get a lease extension and for your services.
  • I would like some guidance on leasehold property buying. We hope to buy a semi detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Ravenscourt Park area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • I'm living with my parents but have a one bedroom first floor purpose built flat in Ravenscourt Park let out which has a sixety eight year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Ravenscourt Park for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 21k. Should I keep or sell the flat?
  • We have been in discussion with our freeholder after having a valuation on our three bedroom first floor purpose built maisonette in Ravenscourt Park. We have a 61 year lease and we wish to increase this to 99. The Freeholder has supplied us with a financial figure 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 property lawyers to handle this for us. Can you please provide me what your costs would be to act on the lease extension.
  • Me and my OH are in the throws of buying a property (a one bedroom first floor purpose built maisonette located inRavenscourt Park with share of freehold). During our search, we were always looking at properties that had at least 84 years residual lease term. We identified a flat we fell in love with and the selling agent assured that the lease term was not an issue. This morning our solicitors advised us the lease only has 72 years and thus requires a lease extension. Should we walk away, or should we lower our offer by the estimated difference in value resulting from the short lease term setting aside that money to cover the lease extension?
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    Lease Extensions in Ravenscourt Park

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