Sample questions relating to Westbourne Lease Extensions

  • I acquired a flat in Westbourne with a leasehold unexpired roughly fivety four years and need a lease extension. Please can you clarify the next stages
  • I am looking to purchase a ground floor flat in Westbourne with a lease of 75 years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • Is it possible to talk with you about an apartment in Westbourne, I am considering bidding at auction next week. The flat has a short lease and I am curious about what it would cost to get a lease extension and for your services.
  • I am a landlord of a block of flats in Westbourne, and the lessees are in the process of being granted lease extensions. I should hopefully get the money within a month or so. How does the tax work, the property is co-owned with my partner ?
  • I am thinking about bidding for an auction property and identified a one bed flat in Westbourne. It has just fifty year lease..the current owner being mortgagees in possession will not want the aggravation of seeking a lease extension..what are the drawbacks of this except for the costly fee to extend the lease and reduced chance of getting a mortgage with Santander?
  • Just been over 2 years that I have been in my garden flat in Westbourne. I have 75 years unexpired lease on the lease. I am now looking either to buy a share of freehold or a lease extension. I acquired the property for 320K, it is now roughly 450k. I understand that 90 years is the period most people extend. I spoke to my conveyancing practitioners about the process, he answered most of my questions but just have one left: Is there a benefit in getting a Westbourne based conveyancers or any will do fine?
  • Hi I am the freeholder interest in a 3 bedroom flat in Westbourne. The leaseholder has a sixety one year lease and would like to purchase an additional 90 years. He is offering me £21,000 but I am not sure if this is in the right ballpark
  • I own the freehold to two flats. Someone has the lease on the ground flat in Westbourne. I live in the upper flat. I was reviewing the title deeds yesterday when I noticed that my flat is leasehold. There is 58 years unexpired. Can one do a lease extension without retaining a conveyancing practitioners?
  • I require an estimate to extend my mum’s lease on a one bedroom apartment in Westbourne. She already has a price from the landlord for a lease extension but I am not sure it is too expensive.
  • I am currently negotiating a lease extension for my flat in Westbourne 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?
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    Lease Extensions in Westbourne

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