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Mortgage protection clause - shared ownership

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  • mk_78
    mk_78 Posts: 48 Forumite
    edited 27 November 2019 at 9:33PM
    soffie wrote: »
    so does you lease say its between Milton Keynes Housing Association Limited and X (leasee)?
    your very lucky you didnt end up with Guinness and got MK council,as Guinness charge you 100% lease premiums (mk council only RIGHTLY charge you what % you own) Guinness also have long lists of extensive and expensive Admin fees & generally are very incompetant as a Organisation. They need serious looking into by the Government especially since they pretend to be a Not for Profit Charity. (tax purposes clearly)


    My lease says Milton Keynes Development Corporation which later transferred to MK council I believe... it started in 1985.


    I know Guinness are particularly incompetent as a relative had issues with them when selling her shared ownership house (which sold within 48 hours). MK council were fine when I was buying, no un-necessary charges or hold ups.
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