FAQs concerning Eastbourne Lease Extensions

  • I invested in buying a property in Eastbourne and it has approximately sixety four years residual lease term. I'd like to extend the lease period
  • I have got a leasehold flat in the Eastbourne area and was wondering if I could obtain a lease extension. What are your processes and fees. There are sixety one years residual lease term
  • I'm wanting to make an offer on a house in Eastbourne but I'm concerned 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 Birmingham Midshires giving us the mortgage now?
  • I am the owner of a maisonnette together with the freehold title. The owners of the downstairs flat have asked for a lease extension what do I need to do?
  • I am thinking about acquiring an auction property and identified a studio flat in Eastbourne. It only has a 41 year lease..the seller as mortgagees in possession dont want the aggravation of seeking a lease extension..what are the disadvantages of this other than the expensive fee to put a new lease on it and decreased chance of obtaining a mortgage with Lloyds TSB Bank?
  • Regarding a leasehold in Eastbourne. GFF maisonette. fivety six yrs remaining. I have an agreed lease extension to £12,000 for 135yrs. Freeholder also requested Initial Notice which I think is a bit over the top. Advice required.
  • We have a leasehold flat in Eastbourne with fivety seven years unexpired. Ten months ago we were quoted a deal to grant a lease extension for a further 25 years but also increase ground rent from notional to £300 per year..plus a premium I think of about 14k. We have now decided to move forward but do we now have to renegotiate?
  • I am the freeholder of a 1930’s 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 62 years. What are my next steps?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to buy in Eastbourne. The house is freehold but the garden is officially leasehold, 995 year lease from 1895. Its the garden area.
  • I own the freehold reversion of a property in Eastbourne and a leaseholder has requested a lease extension. Her so called valuation expert has provided a figure of £8,000, but has upped this by £2,000 without too much effort. My surveyor has come back with £12,520. She does not appear to wish to negotiate wanting to go to a FTT. If a lease extension does go to tribunal, can I handle the matter myself, just armed with the valuations I have? If not, what costs would I be likely to face?
  • Find out more about a accredited conveyancer's need to have CQS Policy Templates applicable for conveyancers in Eastbourne