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Selling a bit of garden

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  • noddynoo
    noddynoo Posts: 346 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    according to the local agents she would have a job selling a flat with such a short lease unless she asks to extend it.I will never sell the freehold or split it.I would be happy to sell her the piece of garden and add it to the lease but don't want it to cost me as this is a major project.
  • Poppy9
    Poppy9 Posts: 18,833 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Renewing the lease on a flat
    If you have the leasehold on a flat, you usually have the right to renew the lease for a further 90 years, as long as you have been a long leaseholder (which means the lease has 21 years or more to run) for at least two years. The freeholder can refuse to renew the leasehold if the property is to be redeveloped. But they will have to apply to the court to do this. You should get legal advice if this happens. You will have to pay for a new lease and the freeholder's 'reasonable' costs, but you won't have to pay ground rent under the lease.

    Taken from Community Legal Services direct
    :) ~Laugh and the world laughs with you, weep and you weep alone.~:)
  • noddynoo
    noddynoo Posts: 346 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    If she wanted to extend the lease I wouldn't mind and then the garden could be added to it but I wouldn't want to sell her part of the freehold
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