Questions and Answers: Shepperton Lease Extensions

  • I have a lease of 55 years on a property which I am looking to buy how much am I looking at for the cost to extend the lease?
  • I own a share of the freehold. There are four flats in the house. All the leaseholders are now looking for lease extensions. How long will take to get a lease extension?
  • My nephew has a share of freehold, with two other leaseholders in a building in Shepperton. House converted into three apartments. He has a lease, which has just over 63 yrs remaining. Does he have to do the lease extension at the same time with the other tenants, or could he extend the lease on his own?
  • My brother and I have owned a leasehold flat for about fifteen years. There are sixety three years left on the lease. After a year of protracted negotiations through my solicitors and, mainly, surveyor I now have an offer from the landlord. I am at a decision point on whether to accept it or go to LVT and would appreciate advice.
  • I am planning to extend the lease on my one bedroom apartment in Shepperton I am looking for help to verify the premium. I have a price from the landlord. I would like to go forward as soon as possible, but for the right premium and fee.
  • I am the freeholder of a 1930’s property split into two apartments. I live in the upper flat and my neighbour in the lower flat. My neighbour has approached me for a lease extension from the current 55 years. What are my next steps?
  • Although I do not need a lease extension but I do need a vesting order on a property I want to buy in Shepperton. The house is freehold but the garden is officially leasehold, 1000 year lease from 1889. Its the garden area.
  • Me and my wife are hoping to buy a home (a three bed flat inShepperton with share of freehold). Throughout our search, we were always looking at flats that had at least ninety years outstanding. We found a flat we liked and the selling agent promised us that the lease term was not an issue. Today our conveyancers advised us the lease only has seventy six years and thus needs a lease extension. Do we walk away, or do we reduce our offer?
  • I have 58 years remaining on my lease of a ground floor flat in Shepperton, the Landlord requires a £15k premium for a statutory lease extension of 90yrs. I am looking for advice on whether this amount is reasonable
  • I am currently negotiating a lease extension for my flat in Shepperton as it is coming up to the 80 year mark. As I understood it, if you extend your lease by the 90 years available, you pay a premium (£thousands) but the ground rent is reduced to a peppercorn. I am now told that I have to continue paying ground rent. I thought the major cost of a lease extension was to compensate the freeholder as they wouldn't be collecting ground rent anymore?
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    Lease Extensions in Shepperton

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