Buying My Loft??

tlc678910

SmashedAvacado wrote: »

If you were to offer a lower price you could agree a variation to all the leases whereby you would become solely responsible for the roof - maintenance and cost for the remainder of the term of the lease. This might be something that would appeal to other owners as presumably as part of the conversion you'd be looking to overahaul the roof. You might get the loft for nothing on that basis if you offer smart.

Hi,
I agree that this could be good approach to take. Offer the other freeholders that you would like to lease the loft and roof space with their support to convert subject to planning and in return you will pay to maintain (and if required replace) the roof. The other freeholders would probably be pleased to be off the hook for roof repairs. You would need to find out if you could have full control of getting repairs done straight away by your chosen tradesperson - after all any leaks will be straight into your flat, or whether you would have to go through the management company for repairs.

You can probably get advice from the planning authority on the chances of conversion getting permission before you decide whether to go ahead.

You would need to make sure the attic remains insured throughout the conversion and beyond and whether you need to pay extra towards this.

Good luck
Tlc

MEM62

Rtype wrote: »

They've also said that the loft space would have to be put up for sale to every leaseholder which seems odd as they have no access to it.

I am currently amusing myself with the thought of being a fly on the wall when the negotiations take place to grant one of your neighbours right of access through your flat to get to their loft.