Buying flat awful experience

EssexHebridean

Sistergold said:

F37A said:

UnderOffer said:

So that 3.5k is everything up to searches (i.e no searches were carried out). 

You spent 3.5k on a failed purchase? I don’t think the issue is a leased flat, but the solicitors you’ve chosen. 

But given the level of corruption with leasehold it is reasonable to go for a good solicitor. Look at all these people on unsellable ground rent flat purchases or cladding problems as mortgage prisoners - I don't want to end up like that.

I am not sure a pricey solicitor would have saved one from the cladding scandal. The cladding was considered okay when it was built but now on the Hindsight of the fire it’s now a no no and costing people the earth. 

The only way of avoiding being caught in that would have been to use a clairvoyant for the conveyancing, perhaps? 

user1977

EssexHebridean said:

Sistergold said:

F37A said:

UnderOffer said:

So that 3.5k is everything up to searches (i.e no searches were carried out). 

You spent 3.5k on a failed purchase? I don’t think the issue is a leased flat, but the solicitors you’ve chosen. 

But given the level of corruption with leasehold it is reasonable to go for a good solicitor. Look at all these people on unsellable ground rent flat purchases or cladding problems as mortgage prisoners - I don't want to end up like that.

I am not sure a pricey solicitor would have saved one from the cladding scandal. The cladding was considered okay when it was built but now on the Hindsight of the fire it’s now a no no and costing people the earth. 

The only way of avoiding being caught in that would have been to use a clairvoyant for the conveyancing, perhaps? 

And in any event, I'm not sure to what extent the tenure is relevant. If you were a freeholder with liability for the communal parts then sorting out flammable cladding would still have been an expensive surprise. The same goes for many of the other grumbles about common charges etc.