Shepton Mallet Lease Extension - Your Legal Fees Calculator
Recently asked questions relating to Shepton Mallet Lease Extensions
I am the registered owner of a flat in Shepton Mallet with a leasehold unexpired around 70 years and need to extend it. Please can you clarify the next steps
I have got a leasehold flat in the Shepton Mallet area and was wondering whether I could get a lease extension. What are your processes and fees. Has seventy three years outstanding
I have been in touch with my freeholder to extend my lease for my flat in Shepton Mallet. His solicitors has been in contact regarding 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 November 1985.
I'm thinking of buying a 2 bed flat (leasehold) but the freeholder has been missing for nearly 15yrs. I wonder whether it will be cheaper to try to purchase the reversionary title or to extend lease and apply for RTM?
I'm looking for an apartment to purchase in Shepton Mallet and I'm not really familiar with the leasehold arrangement. I've found a studio flat I like with a 90 years lease. My research reveals that I can get a lease extension after a couple of years, but:- Should I be looking for some caveats that would prevent me for getting a lease extension?
Ref a residence in Shepton Mallet. upper maisonette. 72 yrs unexpired. I have negotiated a lease extension price of £12,000 for 115yrs. Freeholder also insisted on Notice of Claim which I think is a tad over the top. Can you assist.
My fiance and I have owned a leasehold flat for around eighteen years. There are sixety one years left on the lease. Following a year of difficult negotiations through my property lawyers 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 a Tribunal and would appreciate advice.
If somebody owns a flat with a lease of under 80 years, they can afford the lease extension by borrowing the funds against the property, and the value of the flat with the new lease will more than cover the cost of the extension, then is there any justification for not doing it?
I know that others in the same block had already had a lease extension, and the landlord seemed amenable. It therefore appears worth taking risk of avoiding a formal survey and base the initial offer on on the premiums paid by others . This would save on double valuation fees. Would you recommend such a course of action?
Are you able to provide an estimate to extend my mother’s lease on a maisonette in Shepton Mallet. She already has a price from the landlord for a lease extension but I am far from certain if it is too high.