We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Buying an Ex-council flat
AnotherFTB
Posts: 3 Newbie
I am thinking about buying an ex-council flat in a small block. The flat is on a long leasehold (over 100 years) and the freehold is owned by Islington council.
I would really appreciate some help/advice as to what things I should be concerned/asking about?
I have heard that in some circumstances where there are some council tenants and some private owners that the private owners can get caught with the bill for repairs etc - how do I go about finding out how bills etc will be split?
How much control does the freeholder have (I suppose it may depend entirely on what is said in the Lease) - like would we be able to replace the windows or is that something which is done centrally.
Should I be trying to find this sort of information out from the estate agent before putting an offer in - are they likely to know this kind of information?
This is my first post on here so I hope it is making sense. I would be very grateful for any responses/experience.
Thanks
I would really appreciate some help/advice as to what things I should be concerned/asking about?
I have heard that in some circumstances where there are some council tenants and some private owners that the private owners can get caught with the bill for repairs etc - how do I go about finding out how bills etc will be split?
How much control does the freeholder have (I suppose it may depend entirely on what is said in the Lease) - like would we be able to replace the windows or is that something which is done centrally.
Should I be trying to find this sort of information out from the estate agent before putting an offer in - are they likely to know this kind of information?
This is my first post on here so I hope it is making sense. I would be very grateful for any responses/experience.
Thanks
0
Comments
-
My grandad bought his council flat (i think you'd call it a garden flat) and I'm moving in. There was a bill for tile repairs. I don't mind paying since the living room juts out and it's technically my roof but I wouldn't be happy paying for the upper roof (there are 2 flats above mine)
I also pay factoring fees such as lighting for the stairs and stair cleaning, although you probably won't be charged for that. I don't think there'smuch you can do abotu them billing you either...0 -
Thanks for that JS 2006
I was really wanting to know what I could find out before I bought it so that things don't come as a surprise and how I go about finding these things out?
Any ideas?0 -
Well I had an idea that I would be getting "common chanrges" but in the past month I have received 3 bills:
One for factoring charges - £178
One for cleaning the gutters - £30
and one for roof maintenance that is coming to around £200
I would really consider the fact that prices quoted for housing associations/councils etc will probably be a bit overpriced and you'll end up paying for it. I don't know of any other charges but no doubt knowing the council I'll soon find out!
Another thing I should have mentioned is that bills in my case are split into 6 and I pay a 6th (obviously)
You might be able to find some information on the Evening Times website regarding the Knightswood homeowners and GHA (who are also the ones who charge me) GHA want to do major works to a building which is owned mostly by private homeowners and they want them to pay about £6,000 each when the owners don't want it!0 -
Your best bet is to speak to the vendor about these things as they are the ones who can answer your questions. Usually once you've offered on a flat the solicitor will investigate the terms of the lease for you.
In the case of a block with a percentange of tenants & leaseholders, the cost of works is estimated per flat, with adjustments made depending on if some flats are larger than others, & leaseholders then issued with their portion of the bill.
Be careful with Islington council as they are notorious for large improvement & maintance bills on many of the blocks they are carrying works out on.
As you mention new windows it sounds as if the block in question is in need of improvements so you need to be prepared for having to pay a portion towards any works that will be done in the future.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
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604.1K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards