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Leasehold question........
lukemed1
Posts: 511 Forumite
Hi everyone!
my flat is leasehold but the good thing about it is that the lease is for 999 years!
my question is this; I have a copy of the lease but could the freeholder of the building change the lease in any way? or is this illegal?
any info would be great!
Best Wishes
Luke :beer:
my flat is leasehold but the good thing about it is that the lease is for 999 years!
my question is this; I have a copy of the lease but could the freeholder of the building change the lease in any way? or is this illegal?
any info would be great!
Best Wishes
Luke :beer:
0
Comments
-
AFAIK - No, or at least not without your consent. The lease is a legally binding contract so as long as you abide by your obligations under it - pay ground rent & service charges, get consent for alterations, don't beach any restrictions - the freeholder is legally obliged to honour their responsibilities under the lease for the next 999 years.
Just prey you're around by the time it needs renewing!!
Good website for lease questions is https://www.lease-advice.org which is the government funded Leasehold Advisory Service.0
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