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Potential Fleecehold (freehold with service charges)
withaspritz
Posts: 254 Forumite
Hi all
I'm really concerned. We are absolutely ready to proceed with a new build freehold property. It however has service charges attached.
As the site is yet to complete, how do I find the title deed on the land registry? The postcode and road don't seem to exist. Does anyone know how I could find this information in terms of the impact on the deeds?
I'm really concerned. We are absolutely ready to proceed with a new build freehold property. It however has service charges attached.
As the site is yet to complete, how do I find the title deed on the land registry? The postcode and road don't seem to exist. Does anyone know how I could find this information in terms of the impact on the deeds?
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Comments
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You ask your solicitor to advise you (or wait until they're able to do so). It's likely the relevant deeds aren't yet available on the Land Registry. What stage are you at in the process - not sure what you mean by "absolutely ready to proceed".
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All that information should be sent to you by your solicitor/conveyancer.
You won't find anything about service charges at the Land registry yet if it's a new development.
How far into the transaction are you? What you are agreeing to will all be contained in a document called a "TP1" which you have to sign. You should also have been sent information about the management company and what they will charge you for and how they will charge you for it.
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Sorry, we are right at the start of the process. Not yet put down a reservation fee. The absolutely ready to proceed meant begin the whole thing! Having re-read it I can see it's a bit ambiguous!0
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Just to update we decided to look elsewhere. In fact it makes more sense to wait a bit as this seems to be a hot topic in parliament and they may be changing the rules around estate rent charges so we are sitting tight for now!0
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Cant wait for them to change it, we pay full council tax and a company that do naff all.Don't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
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It's a newbuild on a development.
If not for the service charges, who do you think is going to pay to maintain the common areas and unadopted roadways?1 -
There are many who say it should be the council just like old propertiesAdrianC said:It's a newbuild on a developments.
If not for the service charges, who do you think is going to pay to maintain the common areas and unadopted roadways?An answer isn't spam just because you don't like it......2 -
they already pay for that through the council tax. the builder needs to ask to council to adopt not to sell to some company who ask for money and don't do much for itAdrianC said:It's a newbuild on a development.
If not for the service charges, who do you think is going to pay to maintain the common areas and unadopted roadways?2 -
But the councils do not have to adopt. There are criteria.
For example my local CC
https://www.kent.gov.uk/roads-and-travel/what-we-look-after/roads/road-adoption
We have a private road on a gated community. It has cost very little to maintain - especially split between all the residents.
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Amended to - there are many that KNOW it should be the council just like oldER properties.diggingdude said:
There are many who say it should be the council just like old propertiesAdrianC said:It's a newbuild on a developments.
If not for the service charges, who do you think is going to pay to maintain the common areas and unadopted roadways?0
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