Top Ten Questions relating to South Acton Lease Extensions

  • I’m about to offer on a garden flat to purchase in the South Acton area and was after more information on how much would it cost for a lease extension? It has 67 years left...
  • I am deliberating whether to purchase the freehold or a lease extension of my property in South Acton and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I will be doing a remortgage with The Mortgage Works to release of equity. The broker dealing with the remortgage suggested I get two quotes : one to extend the lease and one for the freehold acquisition .The lease commenced in 1991 and since then the ground rent has increased from £25.00 per annum to £200 per annum.
  • I am the owner of a purpose-built flat in a small block in South Acton. The leasehold interest in the flat on a 99 year lease started on 2nd March 1970 with a non-reviewable ground rent of £25 per annum. I wish to obtain a lease extension. Is it possible for me to call someone to go through my options please?
  • I am the freeholder of a Georgian property split into two apartments. I reside in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current sixety four years. What are my next steps?
  • We are purchasing a one bedroom apartment in South Acton which has share of freehold and a leasehold. The lease was starting to get low so the owner is in the process of extending the lease. The vendor has submitted the lease extension paperwork which will result in the registration of a new lease at the land registry. An essential part of the house buying process is for our solicitors to do a pre-completion search on the property title. The problem here is that as a lease extension has been submitted we've been told by our conveyancers it may not be possible to do this "priority search" right now as the new lease title number has not been issued. Is it correct that we must hold on until the new lease is registered?
  • Hopefully an easy question for you, how much is the premium payable for a lease extension on a residential property in South Acton for a two bed flat - sec 42 is already served?
  • We are in the throws of buying a property (a garden flat based inSouth Acton with share of freehold). During our search, we were always looking at apartments that had a minimum 83 years unexpired. We found a apartment we liked and the selling agent promised us that the lease term was not an issue. This morning our solicitors told us the lease only has 79 years and thus requires a lease extension. Do 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?
  • My and my fiance are worried about getting a lease extension from tricky freeholder. Even though the legal procedures were adhered to under the appropriate legislation, the landlord still tried to charge ground rent of £250 doubling every 25 years of the new term. Can you help?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bedroom apartment in South Acton
  • We have a garden flat in South Acton with a lease of 66 years left with a value of around £290000 we want to add 125 years to it, how much is that likely to cost?
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    Lease Extensions in South Acton

    Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in South Acton