We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Freehold with maintenance fee - is it worth?
bigmouth526
Posts: 1 Newbie
Hi,
I wonder if it's worth to pay 200 pounds quaterly for the service of on site facilities. Is it a trend that developers use it to rip-off house buyers even they have completed the purchase of a property from them?
Recently we have seen a property which meets all our requirements. But we found out from the vendor that people living in that development have to pay maintenace fees for facilities like buses, swimming pool, on-site nursery, gym, guards..... we love the properties and it's hard to find something like it in local area. Does anyone have any experience of living in such kind of development?
Any opinions will be appreciated.
I wonder if it's worth to pay 200 pounds quaterly for the service of on site facilities. Is it a trend that developers use it to rip-off house buyers even they have completed the purchase of a property from them?
Recently we have seen a property which meets all our requirements. But we found out from the vendor that people living in that development have to pay maintenace fees for facilities like buses, swimming pool, on-site nursery, gym, guards..... we love the properties and it's hard to find something like it in local area. Does anyone have any experience of living in such kind of development?
Any opinions will be appreciated.
0
Comments
-
I've never lived in such a development but for some time was attracted to the development of a local historical building. When I found out it had onsite facilities that had to be paid for by hefty monthly charges I lost interest.
I think the purchase of such a property limits your market when it comes to selling as there are many people who don't want to be forced to pay for the facilities that they won't make use of.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 -
Where is this development?
Sounds like a deal you might get abroad.
Pay for buses?!?0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.6K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards