Common questions relating to Eye Lease Extensions

  • My name´s Ibrahim. I’m property hunting in Eye I'm thinking about offering on a studio flat online, with around 77 years unexpired lease, how much does it cost on average to extend in this location by, say, fifty years?
  • I’m just looking for a ground floor flat to purchase in the Eye area and was interested in finding out what the likely fees would be to extend a lease? It has 75 years remaining...
  • I am interested in getting a lease extension for a flat in Eye and want to use a local conveyancers. Are you able to help me find a lawyers?
  • We have seen a house for sale for £195k and we are very interested but we've just discovered that it is leasehold. There are 899 years left so a lease extension is not a worry. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this correct? We wouldn't want to pay a mortgage for twenty years without the house being ours. Any advice would be much appreciated.
  • I am the owner of a purpose-built flat located in a small development in Eye. The leasehold interest in the flat on a ninety five year lease which commenced from 21st January 1972 with a non-reviewable yearly rent of 45. I would like to obtain a lease extension. Is it possible for me to call someone to discuss my options please?
  • Me and my wife have owned a leasehold flat for about twenty years. It now has 74 years outstanding on the lease. Following a year of difficult negotiations through my property lawyers and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to a Tribunal and would appreciate some independent thoughts.
  • I'm looking for some help concerning a lease extension on my apartment. I'll be looking to do this sometime next year as we need to move then. Unfortunately the current lease is now very short and therefore I'm guessing it'll be expensive to extend. I'm also thinking that I'll probably have to go down the LVT route. Do I look to extend it now or wait until I sell my place and have it all tied in with the property sale?
  • My and my husband know that others in the same building previously had a lease extension, and the freeholder was reasonable. It therefore appears worth taking risk of not having formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Is this advisable?
  • We currently own a studio flat in Eye and are looking to sell it this year so we can carry out some improvements on our family home. I checked the lease and it has 65 years left. Not sure what to do, have read some bits on the web saying it will be 20k plus to get a lease extension. Can you offer some advice on this? Do I contact the freeholder first and will they be able to give me a cost?
  • We have a maisonette in Eye with a lease of seventy eight years left with a value of around £370000 we want to add 125 years to it, how much is that likely to cost?
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    Lease Extensions in Eye

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