Missing lease pages on flat

Phoenixrise

Hi all, hoping you can provide some advise. I’m in the process of buying a share of freehold flat. 

Searches have been completed and responses to the enquiries have been received. On the whole nothing too concerning. 

However, it seems the head lease and some of the pages of the actual lease are missing. I know I can get indemnity insurance for these but was just wondering how concerned I should be and whether it could make the flat difficult to sell in future?

user1977

It depends whether there's likely to be anything important on the missing pages, which your solicitor ought to be able to advise on. The leases for the other flats are likely to be in an almost identical form, so if you can get a copy of one of those it ought to give you a steer.

LAD917

I bought and sold a flat with this issue - indemnity insurance was fine and did not present a problem or delay with either purchase or sale.  In my case, all of the flats in the block had the same missing page.  To the best of anyone's knowledge, it was a blank page. 

 I agree with user1977 that looking at the other flats' leases is the way to go.

gab3x

This really is a question for your conveyancer and they need to give you that advice in writing.

While you wait maybe use that time to look at all other pitfalls of the lease you're getting (you are still a leaseholder in share of leasehold) such as restrictive covenants, problems with payments in the past, issues with different leaseholders, regular maintenance and any capital spends that are likely to come during your tenancy. If you plan to stay there for 10 years factor in all these costs in the final sale price so you have the full picture.