FAQs concerning Shepton Mallet Lease Extensions

  • I inherited a maisonette in Shepton Mallet. I am looking for a lease extension on the property. It is around eighty one years. I would just like to know what your charges are and how long it would take for completion.
  • Regarding a residence in Shepton Mallet. GFF maisonette. sixety four yrs unexpired. I have an agreed lease extension to £20k for 125yrs. Freeholder also insisted on Initial Notice which I think is a tad over the top. Advice required.
  • Me and my husband are considering buying a maisonette in Shepton Mallet which is a leasehold. I am wondering what are the advantages and disadvantages of that - what happens when lease ends, the cost of a lease extension, can the freeholder of the land evict me from my own flat and block me from having a lease extension?
  • I intend to buy a one bed flat in Shepton Mallet for asking price of 156k, which has 78 years lease left on it. I appreciate that ideally, the seller would start the process by serving a section 42 notice to start the lease extension process but the seller is refusing to assist. My query is: If landlord does not agree to a marriage value (part of lease extension fees) of a valuer, how lengthy and difficult is the process of going down the route of Leasehold Valuation Tribunal?
  • We have owned a leasehold flat for around twenty years. It now has sixety six years unexpired lease on the lease. Following a year of difficult negotiations through my and, mainly, surveyor I now have an offer from the landlord. I now have to make a decision as to whether to accept it or go to LVT and would welcome some independent thoughts.
  • 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 extending the lease?
  • I am the registered freeholder of a couple of flats. Someone has the lease on the ground flat in Shepton Mallet. I occupy in the top flat. I was looking at the land registry documents yesterday when I noticed that my flat has a lease on it. There is fivety nine years outstanding. Can one carry out a lease extension without retaining a ?
  • I was hoping you might be able to tell me the process of how to apply for a lease extension for my maisonette in Shepton Mallet
  • Do you handle lease extensions on land? (a plot of land in Shepton Mallet with 82yrs remaining)
  • I have a lease of sixety 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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