Common questions relating to Wednesfield Lease Extensions

  • We have just completed on a one bedroom apartment based inWednesfield and I'm deliberating extending the lease as soon as possible e.g. after two years
  • I am considering investing in a holiday home but it has a lease that expires in twenty years. Its in Wednesfield - I wanted to see if with your services it is possible for this to be extended?
  • I'm about to make an offer on a house in Wednesfield 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 TSB giving us the mortgage now?
  • We have seen a house for sale for £215k and we are very keen on but we've just found out that it is leasehold. There are 899 years outstanding so a lease extension is not required. We didn't know what this meant but the internet suggests we wouldn't own the land or property, just the lease to live there. Is this true? We wouldn't want to pay a mortgage for twenty years without owning the property. Any help would be much appreciated.
  • This flat I have in mind requires only ground rent. Long lease so no lease extension required. I have asked the estate agents as to what happens to building insurance and responsibility for communal areas and if one of the two flats which make up the property wants to make alterations.They said they did not know. I cannot see how one could get buildings insurance for the whole building shared with another flat, either downstairs or upstairs. I do need to clarify things like this before I undertake all the expenses involved in purchasing a property I feel. Do freeholders actually supply their own insurance?
  • I have contacted my freeholder for a lease extension for my flat in Wednesfield. His solicitors has been in contact concerning costs etc. I need a ball park figure for dealing with the legalities to secure a lease extension. The flat currently has a 99 YR lease which started June 1987.
  • I bought a one bedroom second floor purpose built flat in Wednesfield. I am looking to extend lease on the property. It is nearon 80 years. I would just like to know what your charges are and how long it would take for completion.
  • Re a property in Wednesfield. lower maisonette. 78 yrs unexpired. I have an agreed lease extension to £14k for 135yrs. Landlord also insisted on Section 42 Notice which I think should not be necessary. Advice required.
  • We currently own a one bedroom apartment in Wednesfield 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 seventy seven years left. Not sure what to do, have read some bits on the web saying it will be 20k 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?
  • Do you handle lease extensions on land? (a plot of land in Wednesfield with 82yrs remaining)
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    Lease Extensions in Wednesfield

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