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    • ladymarmalade222
    • By ladymarmalade222 12th Oct 16, 2:30 PM
    • 566Posts
    • 532Thanks
    ladymarmalade222
    Freehold
    • #1
    • 12th Oct 16, 2:30 PM
    Freehold 12th Oct 16 at 2:30 PM
    I am selling my house at the moment. There used to be a ground rent of £2 per year but around 12 years ago I paid £50 to buy the freehold.

    I have had a solicitors letter today saying it states in the deeds about the peppercorn rent and if I cannot find the receipt to say I paid the £50 12 years ago I will have to pay again.

    Is it not registered anywhere to say I bought it years ago? I'm sure when I have checked my property details online it states freehold.

    Many thanks

    Xx
Page 2
    • EssexHebridean
    • By EssexHebridean 13th Oct 16, 2:52 PM
    • 6,357 Posts
    • 35,118 Thanks
    EssexHebridean
    I would suggest you need to get this sorted out. Surely a freehold property is worth more than a leasehold one? Plus, if you paid £50 for something, anything, you should darned well get it, I should think.

    Perhaps it is not worth the hassle to you but, were I your buyer and under the impression I was buying a freehold property, I might just walk away on discovering I was not.
    Originally posted by Smodlet
    This isn't as relevant as you may think. The buyer will as default be buying a leasehold title in any event - the OP is under no obligation to sell the freehold title (assuming they do own it) and on a long (999) year lease - which I would imagine hers is, it'll make precious little difference to the price.

    On that note though, my guess is that the solicitor would by now have flagged up to her that she was also a part owner of the freehold, if this were the case.

    OP - the Leasehold Title would continue to mention the rent (Which you say is £2 per annum, not a peppercorn) as the Leasehold Title will remain active. If it transpires that you DO own the freehold, then congratulations, you owe yourself back-rent...don't spend it all at once!)
    MORTGAGE FREE 30/09/2016
    • G_M
    • By G_M 13th Oct 16, 8:47 PM
    • 37,065 Posts
    • 40,997 Thanks
    G_M
    Assuming there is a leasehold Title. There may not be - that is one option; OP may have owned a lease subject annual payment to the freehlold (which he thought he had bought for £50).

    Or OP may have owned the freehold which was subject to an annual rent charge as Richard suggested, with no lease involved.

    However we are all speculating, and as OP is unclear, there's little more that can be usefully added.
    • Smodlet
    • By Smodlet 14th Oct 16, 1:57 PM
    • 1,804 Posts
    • 2,999 Thanks
    Smodlet
    All this only confirms what I have always thought: Leasehold is a load of !!!!!!!! and freehold is the only way to live.

    None of which is of the slightest use to ladymarmalade, before you tell me so, G_M.
    What is this life, if, sweet wordsmith, we have no time to take the pith?

    Every stew starts with the first onion.

    I took it upon myself to investigate a trifle; it had custard, jelly, soggy sponge things...
    • G_M
    • By G_M 14th Oct 16, 2:34 PM
    • 37,065 Posts
    • 40,997 Thanks
    G_M
    All this only confirms what I have always thought: Leasehold is a load of !!!!!!!! and freehold is the only way to live.
    Originally posted by Smodlet
    None of this is of the slightest use to ladymarmalad, Smodlet.
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