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Right to buy - poor credit

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  • cherry76
    cherry76 Posts: 1,092 Forumite
    Part of the Furniture 500 Posts
    I am interested in a maisonette. Estate agent told me there is no service how will this work with future repairs. Ground rent £20 a year. The lease is short 81 yrs. can anybody offer some advice pl? Thanks
  • Benjo247
    Benjo247 Posts: 8 Forumite
    They confirmed there was no service charge but ground rent which wasn't much. In my case the lease is 125 yrs.
  • da_rule
    da_rule Posts: 3,618 Forumite
    Sixth Anniversary 1,000 Posts
    Benjo247 wrote: »
    They confirmed there was no service charge but ground rent which wasn't much. In my case the lease is 125 yrs.

    I would very much doubt there would be no service charge on a leasehold property. This would be extremely poor on the Council’s part.
  • da_rule
    da_rule Posts: 3,618 Forumite
    Sixth Anniversary 1,000 Posts
    cherry76 wrote: »
    I am interested in a maisonette. Estate agent told me there is no service how will this work with future repairs. Ground rent £20 a year. The lease is short 81 yrs. can anybody offer some advice pl? Thanks

    Start your own thread, as that is a completely unrelated question.
  • markin
    markin Posts: 3,860 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper Photogenic
    All fine until they bill you 20K for the new roof.
  • Benjo247
    Benjo247 Posts: 8 Forumite
    Luckily the roof was done about 10 yrs ago.
  • diggingdude
    diggingdude Posts: 2,492 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper Photogenic
    The large bills are factored into the huge discounts so are fair
    An answer isn't spam just because you don't like it......
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