Bilston Lease Extension - Your Legal Fees Calculator
FAQs concerning Bilston Lease Extensions
I'm wanting to make an offer on a house in Bilston but I'm a little worried 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 Leeds Building Society giving us the mortgage now?
I own a maisonnette together with the freehold. My downstairs neighbours have asked to extend the lease what do I need to do?
I'm thinking of purchasing a three bed flat (leasehold) but the freeholder has been missing for slightly less than 15yrs. My query is would it be less expensive to try to purchase the reversionary title or to get a lease extension and apply for RTM?
Last year I purchased a leasehold flat in Bilston. I have built a huge extension and have not informed the freeholder. What are my options?
I'm looking for a flat to buy in Bilston and I'm not really familiar with the leasehold title. I've found a place I like with a 91 years lease. I've read that I can get a lease extension after a couple of years, but:- Should I be looking at some conditions that would prevent me for getting a lease extension?
How much will I need to spend and what is the best way to get a lease extension started? I have roughly 74 years remaining on my lease on a ground floor flat in Bilston. I have called the managing agents who represent the landlord and they sent me the number of the surveyor. I have contacted the surveyor but I am not getting any calls back.
I am considering purchasing an auction property and found a two bed flat in Bilston. It has just fifty year lease..the vendor being mortgagees in possession will not want to mess around with negotiating a lease extension..what are the drawbacks of this other than the huge fee to put a new lease on it and decreased chance of obtaining a mortgage with Britannia?
My conveyancers (separately handling my lease extension) said I need a licence to alter given that I wish to carry out a loft extension to my property. Is this strictly required given that I have a share of the freehold. I've informally discussed the loft conversion with my co-freeholder some time ago and he had no objection once I reassured him that if my builder damages the roof I won't expect the co-freeholder to pay for future repairs to the roof. Assuming I need formal consent should I get the licence to alter and then start the lease extension process?
I am hoping to extend the lease on my one bedroom first floor purpose built flat in Bilston I am looking for a local company to calculate the premium. I have a premium value that the freeholder has given me. I would like to go forward as soon as possible, but for the right premium and fee.
I'm hoping for some help with regard to a lease extension on my maisonette. The intention is to do this in six months time as we must 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. Should I look to extend it now or wait until I sell my place and have it all tied in with the property sale?