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leasehold
wrx_2
Posts: 25 Forumite
Hi I bought my first house 4 years ago and it is leasehold so I have to pay £250 every year to a managment company. I have asked them if I can buy the lease and they have told me they just collect the money and can't offer any more help. So can I buy the lease and how do I go about it?
0
Comments
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The management company should either be able to forward on a letter to your freeholder with your request to buy the freehold, or contact the freeholder themselves to ask on your behalf.
When I wanted to extend a lease a few years back, my first point of call was the managing agents, who contacted the freeholder for me & from there the freeholder then made contact with me.
I expect the £250 includes ground rent & possibly buildings insurance, or do you have to take out buildings insurance yourself?The bigger the bargain, the better I feel.
I should mention that there's only one of me, don't confuse me with others of the same name.0
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