Questions and Answers: Bilston Lease Extensions

  • We are looking for lease extension for our flat based in Bilston and we are confused by the communication that we got from our landlord company. How long will it take?
  • I am looking to buy a maisonette in Bilston with a lease of seventy five years but not sure what I will have to spend to renew so I can put in an offer given to future cost of a lease extension.
  • I have contacted my freeholder to extend my lease for my flat in Bilston. Her lawyers has been in contact with costs etc. I need a quote for dealing with the legalities to secure a lease extension. The apartment currently has a 99 YR lease which started Septembmer 199.
  • I am a first time buyer of a leasehold flat in Bilston. The lease has just 72 years unexpired and ground rent is £50. Is it possible for the current owner to serve the Initial Notice and then assign this right to me as the purchaser once I complete the buying process so that I can avoid waiting for the 2 year requisite period before I can apply to for a lease extension or have to deal with all this expense later? I have read this is achievable but will it be very time consuming to the homeowner? To add to the complexity the landlord can not be found, so I am not sure how does it work.
  • I am looking at buying an auction property and found a studio flat in Bilston. It only has a fifty-one year lease..the current owner as mortgagees in possession will not want the aggravation of applying for a lease extension..what are the disadvantages of this except for the costly fee to put a new lease on it and decreased chance of getting a mortgage with Nottingham Building Society?
  • I am in need of some help with a lease extension. I live in Edinburgh but the property in question is based in Bilston. I would be grateful if you can give me a call when you get a chance to discuss the case.
  • I am planning on refinancing my ground floor flat in Bilston and the mortgage company that I am looking to switch to requires at least 85 years on the leasehold of my property in order for them to take the mortgage forward. I have found that I currently have around seventy five years on the leasehold so require some help, guidance, and some quotes to get the wheels in motion for a lease extension
  • We currently own a ground floor flat in Bilston 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 57 years left. Not sure what to do, have read some bits on the web saying it will be 13k plus to get a lease extension. Can you offer some advice on this? Should I contact the freeholder first and will they be able to give me a cost?
  • We wanted an estimate on the cost of a lease extension and a few more questions answered regarding a lease extension for my maisonette in Bilston
  • I have a lease of sixety six 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?
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    Lease Extensions in Bilston

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