Recently asked questions relating to West Barnes Lease Extensions

  • So this is the scenario: I bought a ground floor flat in West Barnes that I now cannot sell as a result of the lease needing a lease extension. What's your legal fee ?
  • I’m just looking for a a property to buy in the West Barnes area and was interested in finding out what the likely fees would be to extend a lease? It has fivety eight years remaining...
  • 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?
  • I am looking into the costs of carrying out a lease extension for my ground floor flat in West Barnes, and would like some figures on that.
  • I am a first time buyer of a leasehold flat in West Barnes. The lease has just seventy nine years balance left and ground rent is £75. Is it possible for the owner to serve the Initial Notice and then transfer over the right to me as the purchaser on the day of completion so that I don't have to wait for the two year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the owner? Unfortunately it’s the case of an missing landlord, so I am not sure how does it work.
  • I am the freeholder of a Georgian property split into two apartments. I live in the top floor flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 77 years. What are my next steps?
  • If somebody owns a flat with a lease of less than 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
  • Me and my fiance are are hoping to complete on a ground floor flat in West Barnes which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of dealing with a lease extension. The seller has submitted the lease extension paperwork to HMLR. An essential part of the conveyancing process is for our to do OS1 search on the property title. The concern here is that as a lease extension has been submitted we've been told by our it may not be possible to do this "priority search" right now as the new property title number is not known. Is it right that we must hold on pending registration of the new lease?
  • I am currently negotiating a lease extension for my flat in West Barnes 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 was hoping you might be able to tell me the process of how to apply for a lease extension for my garden flat in West Barnes

    • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in West Barnes