Common questions relating to West Kensington Lease Extensions

  • Hello, I am looking somewhere around or in West Kensington 8-10 years lease remaining houses. I dont know if I am on the right site. Can I find lease remaining houses from here?
  • My wife has an apartment in West Kensington which we are about to put on the market. The leasehold has approximately 55 years residual lease term on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Thank you.
  • I'm wanting to make an offer on a house in West Kensington but I'm a little worried about it being leasehold. Do you know what title absolute means and is this regarding the lease? Also, we have asked to see a copy of the lease but the homeowner said they might not have it. We are worried about restrictions, and dont know what to do. We have also been approved for the mortgage but the lender doesn't know its leasehold. Do houses qualify for lease extension? Will this affect Santander giving us the mortgage now?
  • I purchased a one bedroom apartment based in West Kensington with a leasehold unexpired of 74 years. I am enquiring about what I will need to spend to extend my leasehold
  • We are selling our one bedroom first floor purpose built flat in West Kensington but we may require a lease extension, or at least cover the expense of our buyers. Can you recommend a to help us?
  • I am a freeholder of a block of flats in West Kensington, and the lessees are in the process of being issued lease extensions. I anticipate receiving the money next month. As I am not on self assessment do I get in touch with the tax man ?
  • I own a share of the freehold. There are five flats in the building. All the leaseholders are now seeking lease extensions. Are you willing to assist us with this situation?
  • If a leaseholder 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?
  • I am currently negotiating a lease extension for my flat in West 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?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my one bed flat in West Kensington

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