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New build home purchase
Numanfan1979
Posts: 1 Newbie
Hi I’m buying a new build home and it is advertised as freehold. However on my solicitors financial statement there is a cost against ‘freehold property with leasehold title fee’. Is that another money making scheme? I didn’t have to pay that on my last house?
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Comments
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Is there a garage that's leasehold?
Also worth checking about estate maintenance chargesOfficially in a clique of idiots1 -
Sounds like a scam.0
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Only one way is to find out exactly what it relates to and come back on here and let us know. We can then provide you with our opinions. At present not enough information to say.0
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Is there an estate/service charge for the upkeep of communal areas, such as mowing grassland?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
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And what has your solicitor said when you asked them?Numanfan1979 said:Hi I’m buying a new build home and it is advertised as freehold. However on my solicitors financial statement there is a cost against ‘freehold property with leasehold title fee’. Is that another money making scheme? I didn’t have to pay that on my last house?
That would be odd to call the service charge a leaseholdkingstreet said:Is there an estate/service charge for the upkeep of communal areas, such as mowing grassland?1 -
True, but you never know.MyRealNameToo said:
And what has your solicitor said when you asked them?Numanfan1979 said:Hi I’m buying a new build home and it is advertised as freehold. However on my solicitors financial statement there is a cost against ‘freehold property with leasehold title fee’. Is that another money making scheme? I didn’t have to pay that on my last house?
That would be odd to call the service charge a leaseholdkingstreet said:Is there an estate/service charge for the upkeep of communal areas, such as mowing grassland?I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
I'd put my money either on a property with a garage in a block thats leasehold or a coach house with one or more garages below that are leasehold to someone else. You could be right thoughkingstreet said:
True, but you never know.MyRealNameToo said:
And what has your solicitor said when you asked them?Numanfan1979 said:Hi I’m buying a new build home and it is advertised as freehold. However on my solicitors financial statement there is a cost against ‘freehold property with leasehold title fee’. Is that another money making scheme? I didn’t have to pay that on my last house?
That would be odd to call the service charge a leaseholdkingstreet said:Is there an estate/service charge for the upkeep of communal areas, such as mowing grassland?0
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