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Where to find freehold new builds?
Comments
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Leasehold and Freehold are two separate things. (There is also "Share of Freehold").
https://www.moneysavingexpert.com/mortgages/what-is-a-leasehold/0 -
Freehold.
We bought new build from the developers.
There are no maintenance or service charges in this development.0 -
michelle230 wrote: »Thank you for the information. Very interesting and good to hear
So - no service charges whatsoever?
Are you leasehold or freehold?
Do you pay any ground rent?
Were you the first owner?
Sorry for so many questions! Genuinely interested as it's very unusual.
I don't think it's that rare. Our development has mainly freehold houses with no charges - some have a small service charge, but only on small, unadopted roads.0 -
No ground rent either sorry.0
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michelle230 wrote: »Thank you for the information. Very interesting and good to hear
So - no service charges whatsoever?
Are you leasehold or freehold?
Do you pay any ground rent?
Were you the first owner?
Sorry for so many questions! Genuinely interested as it's very unusual.
Not that unusual. My new build is freehold, no service charges or ground rent. First owner, bought directly from developer (medium sized one, not a national one) 3 years ago. A friend has recently bought a new build with a different medium-sized developer, again freehold.0 -
michelle230 wrote: »Thank you for the information. Very interesting and good to hear
So - no service charges whatsoever?
Are you leasehold or freehold?
Do you pay any ground rent?
Were you the first owner?
Sorry for so many questions! Genuinely interested as it's very unusual.
Not unusual all, lots of them around, especially in areas where there is plenty of 15/20 year old properties for sale/people aren't desperate so the building company know they won't get away with itAn answer isn't spam just because you don't like it......0 -
Thanks for all the feedback. It's really good to know that there are some new build estates that don't rip you off with excessive service/maintenance charges, ground rent, permission fees etc. There are so many people who are being exploited via their home being used as an investment vehicle for others. It's good to hear positive examples!0
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There's a London H2B website where you can search for new-build houses eligible for H2B. Unfortunately there isn't a filter for leasehold/freehold but a quick call should clear that up given that there are only about 7 developments (mostly in zones 5-6) and two of them are in Luton and Maidstone (not sure how they qualify for London H2B).
Check the link hereI want to buy a freehold house. Are there any useful aggregation sites where I can find prospective developing houses? Or is there a list of developers from which I can use to search their websites?0
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