Questions and Answers: Ely Lease Extensions

  • I own a maisonette in Ely. The start date for the lease was in 1998 for 99 years. Now I am wanting to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?
  • Possibly made a mistake, I am seeking a solicitors in Ely who has Leasehold Tribunal expertise when it comes to lease extensions. Are you able to help me with?
  • I'm looking for an apartment to purchase in Ely and I'm not really familiar with the leasehold arrangement. I've identified a studio flat I like with a 87 years lease. My research reveals that I can apply for a lease extension having owned the property for 2 years, but:- Should I anticipate any issue with the mortgage?
  • What will it cost me and what is the best way to start the lease extension process? I have roughly 69 years left on my lease on a garden flat in Ely. I have called the agent who act on behalf of the freeholder and they sent me the number for the surveyor. I telephone the surveyor but I am not receiving any kind of answer.
  • I have a share of the freehold. There are four flats in the block. All the leaseholders are now looking for lease extensions. What are the timescales to grant a lease extension?
  • My brother and I are proceeding with a purchase of a garden flat in Ely. I was advised by the EA that the lease extension had already been completed while on a viewing (55 years unexpired lease prior to extension). The description on the listing stated "sold with a long lease". It transpires at the point of exchange of contracts we find that the lease has not been extended. The owner apparently has a quote but no finances to extend and consequently the vendor intends to exchange and use the my deposit to extend the lease. My question is how is possible that the estate agent got it so wrong?
  • I an interested in finding out more about purchasing a leasehold residence. We intend to buy a link detached house which is leasehold property is there any problem involved or hidden costs. What are the downsides of purchasing a leasehold house in Ely area with a loft extension..We are really concerned as we are first time buyers...Please advise if we want to sublet the property?
  • Me and my wife have owned a leasehold flat for about eighteen years. There are sixety two years remaining on the lease. After a year of protracted negotiations through my lawyers and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to a Tribunal and would welcome some independent thoughts.
  • I am looking to extend the lease on my two bedroom first floor purpose built maisonette in Ely I am looking for a local company to calculate the premium. I have a quote from the freeholder. I would like to go forward as soon as possible, but for the right premium and fee.
  • Hello I am the freeholder interest in a 2 bedroom flat in Ely. The leaseholder has a 76 year lease and would like to purchase further 90 years. He is offering me £18,000 but I am not sure if this is a correct amount
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    Lease Extensions in Ely

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