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Restrictive covenant preventing extension to flat
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Sorry Yorkie 1 you are right but how do the council put a value on the increase in the property value .
By getting a surveyor/valuer in (at OP's expense).Are they talking about the value of the Land/garden it would be taking up.
No, it's a proportion of the increase in the value of the lease as a result of the extension.Do any of the other flats in the building have access to the garden ? Not a shared garden is it.Anyone can apply for planning permission even if you do not own the property or LAND0 -
I'm puzzled, is the garden just belonging to your flat or does the person upstairs also have access to it? The gardens back and front by my flat are effectively shared between myself and my upstairs neighbour for example.Paid off the last of my unsecured debts in 2016. Then saved up and bought a property. Current aim is to pay off my mortgage as early as possible. Currently over paying every month. Mortgage due to be paid off in 2036 hoping to get it paid off much earlier. Set up my own bespoke spreadsheet to manage my money.0
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Hi all
Thanks for your replies, I tried to respond the other day but my phone decided it didn't want to let me.
I've decided that it might be better to buy the freehold. I've discussed it with the other flats and they are all interested. We all have 98 years left on the lease. Flat 1 value is £400k, flat 2 350k and flat 3 is 300k. Does anyone know roughly what the cost would be? I think about 10k but my uncle thinks 50k. Anyone done it before?0
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