Recently asked questions relating to South Kensington Lease Extensions

  • My OH agreed with the landlord for a lease extension on our flat in South Kensington, 16k for a further 90yrs. Are you able to guide us with this situation ?
  • My partner has a flat in South Kensington which we are about to put on the market. The leasehold has just under 69 years unexpired on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • My brother has a share of freehold, with two other leaseholders in a building in South Kensington. House split into three flats. He has a lease, which has nearon fivety five years remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • I am the freeholder of a Victorian property split into two flats. I reside in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current fivety five years. What are my next steps?
  • I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in South Kensington. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I'm living at mother and father but have a studio flat in South Kensington let out which has a 62 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 South Kensington 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. Not sure sure whether to hold on or sell the flat?
  • My fiance and I have been in discussion with our freeholder after having a valuation on our ground floor flat in South Kensington. We have a 71 year lease and we wish to increase this to 99. The Freeholder has supplied us with a premium amount that she 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.
  • Just a quick question, how much does it cost for a lease extension on a residential property in South Kensington for a three bed flat - sec 42 is already served?
  • I am currently negotiating a lease extension for my flat in South Kensington 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?
  • I have a lease of seventy five years remaining on my flat in South Kensington. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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