FAQs concerning Shepton Mallet Lease Extensions

  • I have an interest in the freehold of buildings comprising of 8 flats each. 2 of the leaseholders want a lease extension and I'm curious about the procedure for this
  • I am in need of a rough estimate of what a lease extension will cost for a flat I intend to purchase. It has fivety four years outstanding.
  • Hello. I need a solicitors to have a look at my lease extension ahead of it being formalised just to ensure there's nothing that I haven't seen - it's just a surrender and regrant with a few small changes.
  • 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?
  • The intention is to sell our GFF in Shepton Mallet but we may need to extend the lease, or at least cover the expense of our buyers. Can you recommend someone to handle this?
  • My father has a share of freehold, with two other leaseholders in a building in Shepton Mallet. House converted into three flats. He has a lease, which has nearon 77 years left. 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 fiance and I are acquiring a maisonette in Shepton Mallet which has share of freehold and a leasehold. The lease was on the short side so the vendor is in the process of dealing with a lease extension. The vendor has submitted the lease extension paperwork to HMLR. An essential part of the house buying process is for our property lawyers to do a "priority search" on the property title. The problem here is that as a lease extension has been submitted we've been told by our solicitors it may not be possible to do this "priority search" right now as the new property title number has not been issued. Is it correct that we have to hold on pending registration of the new lease?
  • My wife and I are aware that others in the same block previously had a lease extension, and the freeholder seemed amenable. It therefore appears worth taking risk of not having formal survey and calculate the initial offer on previous premiums paid . This would save on double valuation charges. Is this advisable?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my two bedroom second floor purpose built maisonette in Shepton Mallet
  • I have a lease of fivety eight years remaining on my flat in Shepton Mallet. 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 Shepton Mallet

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