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.

forced to sell to property developer?

My co-freeholders want to force me to sell part of the freehold. What are the consequences? How can I resist?
Four years ago, I bought a ground floor flat that had a share of freehold with the flat above me, then me and the couple above had leaseholds from the freehold. I have a little bit of garden for about 3m from the back of my flat, then there’s a plot of land that goes with the flat upstairs. There’s access from the road at the back to that plot and probably just enough room to build a small 2-storey house on it.
The couple upstairs were ok, but now they want me to release the freehold on that plot of land, so she can sell it to a mate of hers who I know is a property developer. I tried to put in a line that would prevent this guy building residential on it but they refused, only saying they would follow planning permission rules of the council.
The way I see it, if I let them have that plot, then either I get a wall three meters from my son’s bedroom window where he had a bit of sky and a view, (and I’m not sure I can stop that cos the sun comes from the other side so it might not cast a shadow) or even if the council stop them building on it for now (which they might not do), anyone who comes to buy my flat if I want to sell will see that change in the freehold, see it as a big risk what with the way planning laws are going at the moment to get easier, and drop their offer massively. So I’m out of pocket.
The latest twist is that a week ago some fancy lawyer of theirs wrote to me saying they would take me to court to force the sale, which it could do because it wasn’t part of the roof over my head etc.
Anyone been through the same hell and found a way to fight?? – I can’t understand why, when everyone when I bought said freehold gave me protection, the court would just throw that aside.

Comments

  • steve1980
    steve1980 Posts: 2,334 Forumite
    They can't force you to sell. It's as simple as that.

    If a solicitor is writing to you then you should get your own solicitor to write back. What they are essentially doing is threatening you.

    Alternatively, agree to sell, inflate the price and make it impossible for them to buy it. Add £50k + on top. At the end of the day, even if they buy it they may not get planning permission.

    How big is the land?
    Estate Agent, Web Designer & All Round Geek!
  • Fuzzyness
    Fuzzyness Posts: 635 Forumite
    if you dont want to move, you have the right to object to any planning application that is submitted on the plot of land. the fact that it sounds like any new dwelling would be very close to your windows would indicate that you could make an arguement for the new dwelling have an adverse and overbearing impact on your residetnial amenity. you cant stop them submitting an application but you can make it difficult for them to get it approved.
  • G_M
    G_M Posts: 51,977 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Simple. You don't want to sell.
    Don't sell.

    Or as suggested, offer to sell at a hugely inflated price and refuse to negotiate. If they pay enough you'll be able to move somehere elase wih nicer neighbours!

    Oh - and don't be intimidated by fancy solicitors!
  • angrypirate
    angrypirate Posts: 1,151 Forumite
    If they are wanting to sell their share of the freehold, I believe that as you are a leaseholder, they have a legal duty to offer you first refusal.
  • RAS
    RAS Posts: 34,901 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If you do sell,

    1. Insist that they buy your flat at a price that recompenses you.
    2. put in a clause about up-lift

    See a solicitor and get proper advice on your rights.
    If you've have not made a mistake, you've made nothing
  • JQ.
    JQ. Posts: 1,919 Forumite
    As stated above, they can't force you to sell, they're just trying to bully you.

    However, it does sound like there could be some value in the plot of land - why not apply for planning consent for a house yourself and get the benefit of that added value.

    You could sell your flat with the benefit of the planning permission to an investor and get somewhere bigger.
  • cattie
    cattie Posts: 8,841 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    As others have said, you don't have to sell & it wouldn't really be in your interests to, unless of course you got a huge sum of money that you really couldn't refuse. What you have to consider is how having a house in the garden will affect the value & saleability of your flat.

    No lawyer or anybody on earth can force you to sell, so stick to your guns & you don't even have to go to the expense of getting a solicitor yourself to deal with it if you don't want to. Just ignore the letters & tell the upstairs mob that the answer is no & thats the end of it, you refuse to discuss the matter any further.

    It might be worth you checking out the http://www.lease-advice.org/ people, as they might be able to just put your mind at rest & reaffirm that nobody can make you sell your share of freehold if you don't want to.
    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.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 349.7K Banking & Borrowing
  • 252.6K Reduce Debt & Boost Income
  • 452.9K Spending & Discounts
  • 242.7K Work, Benefits & Business
  • 619.4K Mortgages, Homes & Bills
  • 176.3K Life & Family
  • 255.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 15.1K Coronavirus Support Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.