Common questions relating to Bilborough Lease Extensions

  • My wife has an apartment based in Bilborough which we have just put on the market. The leasehold has roughly seventy three years left on it and we are concerned this will come up for anyone who may be interested. Can you please assist on how we commence arranging a lease extension? Many thanks.
  • I need to extend my existing lease can you help me with that? I think it has 61 years remaining
  • I'm intending to make an offer on a house in Bilborough 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 Godiva Mortgages Ltd giving us the mortgage now?
  • Do you only handle lease extensions in Bilborough? I own a flat in Abbey Wood with 90 years left, I am looking for a quote from a .
  • I have contacted my freeholder for a lease extension for my flat in Bilborough. Her has been in contact with charges etc. I need an estimate for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started July 1992.
  • I am considering purchasing an auction property and came upon a one bed flat in Bilborough. It only has a 48 year lease..the current owner being mortgagees in possession dont want to mess around with applying for a lease extension..what are the disadvantages of this except for the costly fee to extend the lease and reduced chance of getting a mortgage with Platform Home Loans Ltd?
  • We are considering purchasing a studio flat in Bilborough which is a leasehold. I am enquiring as to the advantages and disadvantages of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • I am currently negotiating a lease extension for my flat in Bilborough 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?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my one bed flat in Bilborough
  • I have a lease of seventy two years remaining on my flat in Bilborough. We are looking for a lease extension, so we contacted our freehold company and they came back with a quote that was double the amount and half the extension time that the lease extension calculator provided. Is there anyway, without racking up a huge legal bill, we can ask the freehold company to provide their computation of the amount and how they derived to it?

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