Common questions relating to West London Lease Extensions

  • I have an interest in the freehold of 2 blocks of flats comprising of 8 flats each. 2 of the leaseholders want a lease extension and I'm wondering about the procedure for this
  • I invested in buying a property in West London and it has approximately sixety three years residual lease term. I'd like to extend the lease period
  • I'm intending to make an offer on a house in West London 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 Halifax giving us the mortgage now?
  • I want to buy a leasehold property and extend the lease. The homeowner has been there over two years and will sign the notice. He will let me have the notice on exchange and then I will serve it in the landlord. Is this OK ?
  • My wife and I are considering buying a ground floor flat in West London which is a leasehold. I am wanting to weigh up the pros and cons of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from having a lease extension?
  • My property lawyers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
  • My father has a share of freehold, with two other leaseholders in a building in West London. House divided into three flats. He has a lease, which has about 71 yrs unexpired lease. 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?
  • Me and my fiance have owned a leasehold flat for around fifteen years. There are 68 years remaining on the lease. After a year of protracted negotiations through my conveyancing practitioners and, mainly, surveyor I now have an offer from the freeholder. I am at a decision point on whether to accept it or go to a Tribunal and would welcome some independent thoughts.
  • My fiance and I are are hoping to complete on a 2 bed flat in West London which has share of freehold and a leasehold. The lease was starting to get low so the vendor is in the process of extending the lease. The seller has submitted the lease extension paperwork to HMLR. A crucial aspect of the conveyancing process is for our conveyancers to do a pre-completion search on the property title. The concern here is that as a lease extension has been submitted we've been told by our lawyers it may not be possible to do this "priority search" right now as the new property title number is not known. Is it correct that we have to be patient until the lease extension has actually been registered before completing.?
  • Just a quick question, how much is the premium payable for a lease extension on a residential property in West London for a one bed flat - section 42 having been issued?
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    Lease Extensions in West London

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