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Housing association upgrades

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Comments

  • csgohan4
    csgohan4 Posts: 10,600 Forumite
    Ninth Anniversary 10,000 Posts Name Dropper Photogenic
    edited 12 January 2020 at 7:21AM
    G_M wrote: »
    But freehold houses need decoration and renewal of windows too! And door entry system if you choose to have one.



    Plus you have all the hassle of dealing with contractors yourself with freehold which can be a nightmare.....


    Both have cons and pros but free hold every time for me

    Leasehold- renew lease x years
    at mercy of of freeholder choosing own contractor
    Share cost of maintenance of whole block, not just your own property, expensive maintenance of lifts
    Ground rent, high service charges e.t.c

    Freehold- generally no lease to renew
    Generally no ground rent or service charges
    choose your own reliable/ Cheap contractor or your choice, choose when to fix
    "It is prudent when shopping for something important, not to limit yourself to Pound land/Estate Agents"

    G_M/ Bowlhead99 RIP
  • davidmcn
    davidmcn Posts: 23,596 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    M_Python wrote: »
    It's a flat not a house
    Yes, but (subject to the OP confirming my suspicions) in Scotland, so freehold.
  • diggingdude
    diggingdude Posts: 2,499 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Photogenic
    With the hassles I have had over the last 9 months with the trades not turning up, in some ways i wish I had bought a leasehold. The theory behind leasehold isn't that bad, its just the money hungry human nature which ruins it
    An answer isn't spam just because you don't like it......
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