Buying house, leased garage

br3nnan

Hello, I've searched and have found a couple of other users have had the same query as me.

I am a FTB currently in the process of buying a new build home. My garage will be under a coach house. During the whole process I was never told that I would only be leasing the garage, until I've just received deeds from soliciter

This is where I now get suspicious; the leasehold is for 999years with a peppercorn rate of £1 per year. I've been told that there will be no maintenance rates etc and that all else we will have to pay is 1/6 cost of any renovation. (Hopefully not for a few years at least)

Does this sound familiar/ok? Would I be in the wrong asking for "incentives" from the housebuilder as this was never disclosed.

Tom

hazyjo

Grrr another one that wasn't disclosed. This should be compulsory, IMO!

You probably read my other posts on the other fairly recent thread.

The one we bought is around 8 years old and we weren't told until later down the line.

Surprised there's no maintenance charge - would have thought you'd have to pay insurance at least. Do they not collect monies for future renovation? Do they paint the garage doors (like ours), or are there common shared areas between several properties? Is it just one garage which sits under a part of someone else's house?

What incentives or reductions are you getting already? Wouldn't hurt asking - but they probably know they now have you over a barrel.

Jx

br3nnan

Yeah I did come across yours. It is quite annoying that they don't tell you and you wait for the solicitor to find out.

You're right we do have to pay buildings insurance, but this should be covered as normal. All that is different is the house builder needs a copy of the certificate.

There are 3 garages under the one flat. 1 belongs to the flat, 1 to me and 1 to another house. The ground is just tarmac so I can't imagine maintenance costs apply. Doors are to be painted every 4 years. As said I can't find details of any fees but they won't paint for free :rotfl:

Quite a lot of incentives; carpets/turf/ceramic tiles/white goods/deposit so unsure what I could get. But like you say I am over a barrel

Richard_Webster

The problem with this kind of thing is that it gets so technical and developer's salespeople won't be able to give explanations about legal niceties. If they tried to I suspect they would get it wrong and buyers would go away thinking there was some disaster because the garage was leasehold.

What should have happened is that OP's solicitor should have properly explained the implications of the garage being leasehold etc before he committed himself to buy the house and garage.