Questions and Answers: Bilston Lease Extensions

  • My name´s Alexander. I’m flat hunting in Bilston I'm considering offering on a one bedroom second floor purpose built maisonette online, with roughly seventy eight years unexpired lease, how much does it cost on average to get a lease extension by, say, ninety years?
  • I am looking at investing in a holiday home but it has a lease that expires in 14 years. Its in Bilston - I wanted to see if with your services this could be extended?
  • Do you only advise on lease extensions in Bilston? I own a flat in Abbey Wood with 90 years unexpired lease, I am looking for a quote from a .
  • The terms for the lease on my apartment in Bilston are 101 years from 1 Dec 1989. Can you provide me a quote to extend the lease if I give you more specifics please?
  • I will soon view a two bedroom flat, although not exactly my dream property it has enough positives to suit me very well for my present situation. However after downloading a copy of the title I've learnt that it only has seventy five years balance left on the lease. It is also a repo so I'm guessing that the vendor will not be interested in doing a lease extension. My primary concern is would the short lease make it difficult to secure a mortgage?
  • Are you able to advise on how much it would cost and the optimum way to start the lease extension process? I have nearon sixety nine years remaining and I own a 2 bed flat in Bilston.
  • My mortgage lender requires a £450 fee for their for a "deed of substituted security" for the lease extension for my flat in Bilston... I can find no mention of this in my mortgage guide... is this a normal cost that they charge?
  • Me and my fiance are considering purchasing a one bed flat in Bilston which is a leasehold. I am wanting to weigh up the pros and cons of that - what occurs when lease expires, the cost of a lease extension, can the freeholder of the property evict me from my own flat and block me from extending the lease?
  • I'm intent on purchasing a flat in Bilston at a price of £210,000 the flat has approximately fivety nine years left on the lease. I put in an offer subject to a lease extension... .. that was back in August, expecting I'd be in before now. They have just informed me they are willing to knock £5k off if I deal with the lease extension myself. I'm not sure if I should take them up on the offer
  • I'm looking for some advice with regard to a lease extension on my ground floor flat in Bilston. I'll be looking to do this sometime next year as we need to move at some point 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 tribunal route. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?

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