PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Want To Buy A House, But Multiple Houses Under One Title. Can the title be split?

Options
2»

Comments

  • The seller isnt willing to split the title *Probate House Sale, sellers solicitor wants a swift completion and the lease reads like it was written in Shakespearean times, add onto that my solicitor has now dumped me, Im left wondering is this a sign not to pursue this house and cut my losses, I really like the house and have spent some monies on surveys, fees, solicitors etc... Im nervous if i go to another solicitor it will again be costly and might not even work out, Does anyone have an idea or experience what solicitor might charge if the title can be split or to tell me what my obligations under the lease would be. ideally i dont want to give up yet 
  • sheramber said:
    If the house you want to buy owns the other two freeholds and you split them who would then own these two freeholds?

    No idea, perhaps they stay with the seller?
  • loubel said:
    That's what the current set up is and if the seller isn't prepared to split the titles and keep the other freeholds then you won't be able to just buy the one you want. Have you asked the seller?

    If you buy the whole lot then you'll need to pay your solicitor to advise you on your responsibilities under the leases. If the title is split then you'd need to pay for that instead (although it would be drafted by the seller's solicitor). Neither should be overly complex or expensive.
    The seller isnt willing to split the title *Probate House Sale, sellers solicitor wants a swift completion and the lease reads like it was written in Shakespearean times, add onto that my solicitor has now dumped me, Im left wondering is this a sign not to pursue this house and cut my losses, I really like the house and have spent some monies on surveys, fees, solicitors etc... Im nervous if i go to another solicitor it will again be costly and might not even work out, Does anyone have an idea or experience what solicitor might charge if the title can be split or to tell me what my obligations under the lease would be. ideally i dont want to give up yet .
  • I expect when the other 2 were sold they insisted on the split and that is why they now own their own freeholds.

    You could ask for the same. Complicated by the fact that this property deeds holds the freehold to the rest but its not unachievable 
    I might knock on the neighbours door and ask them how they did it??????
  • A transfer of just the freehold house you want to buy is not too difficult, though it is additional work. Unless the agent’s marketing noted the fact you would take over land subject to lease, I would refuse to take on the leased land (for which the seller should have offered to sell them the freehold before selling on, I believe?). Your solicitor should have made this clear at the outset if this was an issue, title documents are received within days or maybe a week or two at most. Advising of this issue 3 months later is poor. Nothing you have said sounds like it would be an issue, just some additional (but not unusual) work.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.5K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.