Recently asked questions relating to West London Lease Extensions

  • I’m seeking a lease extension for our apartment based in West London and we are confused by the letter that we received from our freehold company. Are you willing to help us with this situation?
  • I own a leasehold flat in the West London area and was curious if I could obtain a lease extension. What are your processes and fees. There are fivety eight years outstanding
  • I am looking to either purchase the freehold or a lease extension of my property in West London and have been in touch with the freeholder, have had quote for around £2500 to extend the lease. I plan to simultaneously remortgage with Santander to free up equity. My broker handling the remortgage suggested I get two estimates : one for the lease extension and one for outright purchase .The lease commenced in 1981 and since then the ground rent has been raised from £15.00 per annum to £300 per annum.
  • I am about to view a one bedroom apartment, although not exactly my ideal property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has 62 years unexpired on the lease. It is also a repossession so I'm guessing that the bank will not be interested in doing a lease extension. My main concern is would the short lease make it difficult to secure a mortgage?
  • We have a one bedroom flat based in West London. There is 80 years unexpired on the lease and we want to extend the lease. How much will it likely cost to get a lease extension by, say,ninety years
  • I am the owner of a purpose-built apartment located in a large block in West London. The leasehold interest in the flat on a 101 year lease which commenced on 11th August 1970 with a set yearly rent of 45. I wish to obtain a lease extension. Can I call someone to go through my options please?
  • I'm looking at buying a flat in West London valued at £195,000 the flat has approaching seventy three years left on the lease. I put in an offer conditional upon the lease being renewed... .. that was back in June, expecting I'd be in before now. They have just come back saying that they are prepared to knock £4k off if they don't have to deal with the lease extension. I'm unsure if I should take them up on the offer
  • We are in the throws of buying a flat (a studio flat located inWest London with share of freehold). Throughout our search, we were always looking at flats that had a minimum eighty five years residual lease term. We found a place we liked and the selling agent assured that the lease was long albeit not specifying a number. Yesterday our told us the lease only has 60 years and thus requires a lease extension. Do we run away, or do we negotiate our offer?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the lower flat in West London. I live in the upper flat. I was looking at the land registry documents yesterday when I noticed that my flat is leasehold. There is 71 years balance left. Is it possible to carry out a lease extension without instructing a ?
  • We currently own a one bedroom first floor purpose built maisonette in West London and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has fivety eight years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Do you have some advice on this? Do I contact the landlord first and will they be able to give me a cost?

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