Bilston Lease Extensions

Frequently asked questions relating to Bilston Lease Extensions

I'm about to make an offer on a house in Bilston 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 TSB giving us the mortgage now?

I am the owner of a maisonnette and the freehold of both flats. My downstairs neighbours have asked for a lease extension what do I need to do?

I own a one bedroom apartment in Bilston. The lease commenced in 2001 for 99 years. Now I am looking to extend the lease. I am not entirely sure about additional expenses, could you tell me please how much I should expect to spend on this?

I'm deliberating over buying a ground floor flat (leasehold) but the landlord has been missing for around 15yrs. My question is would it be less expensive to try to acquire the reversionary title or to get a lease extension and apply for right to manage?

Is it possible to talk with you about a flat in Bilston, I am thinking of buying at auction next week. The flat has a short lease and I am curious about how much it would cost to get a lease extension and for your services.

I am interested in getting my lease extended and was advised previously that I must get the funds readily available, is this the case or can I start the process beforehand?

My (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 own 60% in a shared ownership property with a housing association and I am considering a lease extension on a lease which is now around sixety five years. I need a at my end. Can you advise please? I live near Bilston and have a mortgage with Virgin Money.

I'm living at mum and dad but have a garden flat in Bilston let out which has a 71 year lease. Mortgage broker said I can remortgage as a buy to let instead of consent to let and release 55-60k which on top of a new mortgage based on my income. Not much about in Bilston for me to get my own place. If I sell I will only get 150-160 due to tenant (8 months left on AST) and lease. A lease extension will cost 13k. Should I keep or sell the flat?

I have a lease of sixety nine years remaining on my flat in Bilston. 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?

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