Common questions relating to Eye Lease Extensions

  • Hello, I stumbled upon your website. I'm looking for prices on what it cost to extend a lease of a studio flat located in Eye. It's up for sale at the moment but has around 67 years of unexpired leasehold
  • I am looking for a lease extension on the lease on my maisonette in Eye which will have 68 years unexpired lease in January. What fees do you charge for this?
  • I bought a one bed flat in Eye with a leasehold unexpired of 61 years. I am enquiring about how much it will cost me to extend my leasehold
  • I would like to have my residential flat leasehold extension premium assessed. The flat is in Eye, and my lease will reach 71 years this January. Could you advise me about the costs and time-frame to obtain an appraisal? Also, do you represent your clients at the Tribunal court?
  • I am about to view a one bedroom apartment, although not exactly my dream property it has enough positives to suit me very well for my present circumstances. However after downloading a copy of the title I've learnt that it only has sixety six years outstanding on the lease. It is also a repossession so I'm guessing that the lender will not be interested in doing a lease extension. My main concern is would it be difficult to sell on without a lease extension?
  • What will I need to spend and what is the best way to start the lease extension process? I have just under sixety seven years remaining on my lease on a ground floor flat in Eye. I have contacted the agent who represent the head landlord and they gave me the number of the surveyor. I telephone the valuer but I am not getting any returned calls.
  • We have a GFF located in Eye. There is eighty years unexpired on the lease and we want a lease extension. How much does it cost on average to get a lease extension by, say,35 years
  • I am the freeholder of a Victorian property split into two flats. 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 sixety eight years. What are my next steps?
  • My and my partner know that others in the same block had already had a lease extension, and the landlord was amenable. Therefore is seems worth taking risk of avoiding a formal valuation and base the initial offer on previous prices . This would save on double valuation charges. Would you suggest such a course of action?
  • I am currently negotiating a lease extension for my flat in Eye 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 Eye

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