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!

Sold Prices (Rightmove) - freehold & leasehold together

Hi - wondering if someone could help ... I've been researching sold prices around a house that I'm interested in and have found a listing as shown below, but I'm not sure what this means!! Potentially that a total of £161,450 was paid for the property (part for the leashold element and part of the freehold element)?

Sale = 24 Mar 2011, Terraced, Leasehold, £105,450
Sale = 24 Mar 2011, Terraced, Freehold, £56,000
You were only killing time and it'll kill you right back

Comments

  • scorgeous
    scorgeous Posts: 825 Forumite
    Hi - wondering if someone could help ... I've been researching sold prices around a house that I'm interested in and have found a listing as shown below, but I'm not sure what this means!! Potentially that a total of £161,450 was paid for the property (part for the leashold element and part of the freehold element)?

    Sale = 24 Mar 2011, Terraced, Leasehold, £105,450
    Sale = 24 Mar 2011, Terraced, Freehold, £56,000

    Hi,

    It isnt a shared ownership property you are looking at is it? That's the only thing that I could think of
    Too much month, not enough Cash!

    Make £11000 in 2011 challenge - current total £1358.77
  • Richard_Webster
    Richard_Webster Posts: 7,646 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    YES, looks as if it was formerly shared ownership.
    RICHARD WEBSTER

    As a retired conveyancing solicitor I believe the information given in the post to be useful assuming any properties concerned are in England/Wales but I accept no liability for it.
  • Thanks guys, so a sale price of £161,450 would be right...
    You were only killing time and it'll kill you right back
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
  • 351.6K Banking & Borrowing
  • 253.3K Reduce Debt & Boost Income
  • 453.9K Spending & Discounts
  • 244.6K Work, Benefits & Business
  • 599.9K Mortgages, Homes & Bills
  • 177.2K Life & Family
  • 258.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only 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.