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Leasehold question.. Can I challenge

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  • anselld
    anselld Posts: 8,643 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    sibod2002 wrote: »
    I have read at the time of notice the ground rent must not exceed £250

    Read where?
  • sibod2002
    sibod2002 Posts: 76 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    On the GOV.co.uk website I'm not saying that is correct it's just what I have read somewhere .

    I have been quoted £250 to from a solicitor in this field to give me a valuation of the cost of freehold so if I get no joy from the actual freeholder then that will be my next move .
  • anselld
    anselld Posts: 8,643 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    sibod2002 wrote: »
    On the GOV.co.uk website I'm not saying that is correct it's just what I have read somewhere .

    Where? Specific link please.
  • anselld
    anselld Posts: 8,643 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    sibod2002 wrote: »
    I have been quoted £250 to from a solicitor in this field to give me a valuation of the cost of freehold so if I get no joy from the actual freeholder then that will be my next move .

    Sorry, but that is a pointless waste of money.
  • sibod2002
    sibod2002 Posts: 76 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    http://www.lease-advice.org/publications/documents/document.asp?item=15#25

    You think it is waste of money getting the valuation?

    I have been looking through all my relevant paper work and it seems that the freehold was purchased in 2004 from the owner off the council..so my previous owners purchased the property as freehold and have created it back to leasehold.
  • anselld
    anselld Posts: 8,643 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    sibod2002 wrote: »

    You think it is waste of money getting the valuation?

    By a solicitor, yes. You need to get the valuation from a RICS Surveyor.
  • sibod2002
    sibod2002 Posts: 76 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    Thanks for the advice..hopefully the freeholder will enter Informal negotiation first
  • sibod2002
    sibod2002 Posts: 76 Forumite
    Tenth Anniversary 10 Posts Combo Breaker
    Had a response from the freeholders agent this morning who have told me they can not really reduce the price and would probably get that price on the open market .

    Also stated that he is not sure the lease can be extended beacuse it is a house and not a flat ..and added he doesn't see how extending the lease would be useful to me anyway .
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    sibod2002 wrote: »
    Basically I own a leasehold house which currently has 75 years left on. The house was originally freehold but was turned into leasehold just before I bought it in 2011 by the previous owners .

    The lease created in 2011 stated it was for 99 years from 1992.
    Can you even backdate the start of a lease like that?
  • chelseablue
    chelseablue Posts: 3,303 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Why would someone turn their freehold house into a leasehold one?


    Just to get 300 quid a year?
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