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Leasehold House Purchase With an Illegible Lease
Comments
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sammyjammy wrote: »Henry if you want to quote one of the other replies in your post just click the quote button under their post.
Thanks Sammy0 -
[Deleted User] wrote:Do not buy it. Do not buy leasehold and especially this one.You are not buying a home, you are renting as a tenant. You only own the home if you are a freeholder. Your solicitor should have said that.
If it was cheap and had a 999 year lease without any covenants it might be worth it. You have been warned!!
this is the site you need:
Thank you for your reply. and the very good information in the leasholdknowledge
The house we are in at the moment is freehold so I know the difference
On my wife's leasehold house there is a 999 year lease which started in 1962
The house was not cheap and I believe my wife paid about £9,000 more than it is worth.
We cannot read any part of the lease so do not know if there are any covenants or conditions attached.
Our solicitor is still waiting for 2 copies of leases from neighbouring houses from the Land Registry.0 -
Thanks to everyone who has helped me to understand a bit more about buying a house
with an illegible lease, I really do appreciate all your help. Regards Henry0
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