Recently asked questions relating to East Cowes Lease Extensions

  • My wife has an apartment located in East Cowes which we are about to put on the market. The leasehold has about 56 years balance left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we get started on a lease extension? Many thanks.
  • I own a maisonnette together with the freehold of both flats. My upstairs neighbours have asked to extend the lease what do I need to do?
  • I purchased a one bedroom apartment in East Cowes. The start date for the lease was in 1992 for 99 years. Now I am wanting for a lease extension. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • Possibly made an error, I am seeking a in East Cowes who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?
  • My mortgage provider is requesting several hundred pounds for their to agree a lease extension for my flat in East Cowes... I am unable to find any reference of this in my mortgage contract... is this a standard cost that they charge?
  • I am the freeholder of a Edwardian property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 54 years. What are my next steps?
  • I'm intent on buying an apartment in East Cowes at a price of £195,000 the flat has something like 73 years left on the lease. My offer was conditional upon the lease being extended... .. that was back in September, expecting I'd be in by Christmas. They have just come back saying that they are prepared to reduce the price by£7k if they don't have to deal with the lease extension. I'm unsure whether that's a good idea
  • My wife and I are concerned about getting a lease extension from an objectionable freeholder. Regardless of the fact that the correct procedures were followed under the 1993 Act, the landlord still attempted to charge ground rent of £300 doubling every twenty five years of the new term. Can you assist?
  • I am currently negotiating a lease extension for my flat in East Cowes 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 bedroom apartment in East Cowes

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