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Freehold/leasehold help needed on Land Registry details
Comments
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Hi, We have different title numbers on leasehold and freehold but the freehold reference's the lessee's title number so they are connected.fastbs said:Our contract states we are purchasing ‘all that freehold’ which is where I am confused now as unsure whether is should state the leasehold too, obviously we don’t want the lease to still be present. However, both title numbers are on the contract for both the freehold and leasehold.We have asked our solicitor if this is going to cause any problems etc. and are waiting for a reply, however going off what I’ve read online (I know it’s not all accurate), this is quite common and the lease will either be merged with the freehold or dissolved after purchase.
We haven't got to solicitor stage yet as the house we've seen has just come on the market but it is one we are likely to put an offer on after viewing so I'll update you when it get's to that point
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The freehold and leasehold are different titles, so they have different title numbers. That's normal.Sianbez said:
Hi, We have different title numbers on leasehold and freehold but the freehold reference's the lessee's title number so they are connected.fastbs said:Our contract states we are purchasing ‘all that freehold’ which is where I am confused now as unsure whether is should state the leasehold too, obviously we don’t want the lease to still be present. However, both title numbers are on the contract for both the freehold and leasehold.We have asked our solicitor if this is going to cause any problems etc. and are waiting for a reply, however going off what I’ve read online (I know it’s not all accurate), this is quite common and the lease will either be merged with the freehold or dissolved after purchase.
We haven't got to solicitor stage yet as the house we've seen has just come on the market but it is one we are likely to put an offer on after viewing so I'll update you when it get's to that point0 -
We have just spoken with our solicitor and she confirmed that once completion has taken place, the titles will be merged0
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