OH MY, The Most Stunning Beautiful Property

Captain_Mainwaring_2

matt99b wrote: »

I understand perfectly. And I'm aware that 60k isn't much when you have a lot of bills. But 60k SHOULD be a lot of money considering everything. The fact that it doesn't go far in the property market doesn't make it right, or moral.

But this isn't a debate. But if it were, we would be on the opposite sides, and I'd be glad I can assure you.

I'm looking for sensible advice on the differences between SOF and Leasehold, and on how to go about getting SOF for this flat; and on how plausible it might be, and fees, things to watch out for etc.

I didn't think the that bloke should be allowed to keep the lottery win when he bought the ticket while still in gaol. I don't think it is right that people should have medical treatment refused when we give benefits to trash.
I could go on but...

You don't even know yet if a SOF exists yet, the freeholder may have already done it and not told you. Remember that the leasholder can quite legally sell you the lease and retain his share of the freehold.

Download the deeds, first the freehold title, seeing if it is owned by a LTD company, then do a Companies House Search online, then download the lease to your flat and see who owns the freehold, and individual or company.

You will have to pay, a product of the capitalist society we live in.

Captain_Mainwaring_2

matt99b wrote: »

Knew it. Why don't you go and see to your property, tidy up, or watch one of your many tvs or something, or go cool down in a ride in your mercedes, instead of trolling this thread.

How did you know I owned a Merc?

matt99b

Doozergirl wrote: »

Well, excuse me, but I certainly didn't suggested that this was simple, nor that there was nothing more to it. I like to take the approach of starting at the beginning. That's reading the lease. It will divulge all the essential information - 'easements' - it's a lease. It's full of compromises. :rolleyes:

Matt, leases are essential. It's nothing to do with morality at all. They afford flat owners with the right to support and protection from the rest of the building and it lays down the responsibilities of all involved, not just between a freeholder and the leaseholder. Even a share of freelhold property will involve co-operation and communication.

The Home Information Pack should include full details of the lease, of ownership of the lease and the freehold and how the property is managed. I suggest you get hold of a copy and start to try and decipher it. Then, when we've established whether it might be possible to proceed, you can start talking to solicitors and ask them to get you to the position you want.

Whilst leasehold isn't ideal, it isn't a problem either. I do think that you might be over-reacting. It's a bit more complicated than just moving in somewhere and doing absolutely what you like, but you can do plenty to a leasehold property without permission and we have planning laws with freehold property too.

If you want a freehold property then you must only look at houses. You won't find a freehold flat. (Not one that you can raise a mortgage on, anyhoo)

Thanks for the advice, I'll ask for the Home Info pack, if there is one. I think my partner is set on freehold though, so would need some persuading!

Doozergirl

Captain_Mainwaring wrote: »

Download the deeds, first the freehold title, seeing if it is owned by a LTD company, then do a Companies House Search online, then download the lease to your flat and see who owns the freehold, and individual or company.

You will have to pay, a product of the capitalist society we live in.

Hello? Home Information Pack?

matt99b

Captain_Mainwaring wrote: »

How did you know I owned a Merc?

I know your type. You're impatient on the roads too!

tinkerbell84

Doozergirl is spot on - you won't find a freehold maisonette or flat anywhere. You need a house if you want that (and you still would need planning permission to convert a garage into a dwelling).

My friend is buying a flat in zone 2 in London - it's costing about 400k and guess what, it's leasehold

tinkerbell84

matt99b wrote: »

I know your type. You're impatient on the roads too!

No problem with that - driving slow is a waste of petrol!

(I don't own a Merc)

trudiha

matt99b wrote: »

I know your type. You're impatient on the roads too!

Do you think he's telling the truth; I bet he gets about on a push bike and wears a pair of trouser clips?

Captain_Mainwaring_2

Doozergirl wrote: »

Hello? Home Information Pack?

Hello.

Compulsory items

The following compulsory documents must be included in a Home Information Pack.

• Home Information Pack Index
• Energy Performance Certificate
• Sale statement
• Standard searches
• Evidence of title
• Additional information for leasehold and commonhold sales, where appropriate.
• A HIP for a newly built home must have a certificate (or interim certificate) showing the rating that the home has received in respect of the Code for Sustainable Homes or a nil-rated certificate showing that the home has only been designed to meet current Building Regulations.

However, up until 1 January 2009 it is possible to market a property without all of the compulsory documents.


Useful info



See also on our site
Buying and Selling
If you're buying a property or selling one, find out what you need to do and how to get a Pack
Publications page
Download useful information, such as a sample HIP.
Sellers' frequently asked questions

Captain_Mainwaring_2

trudiha wrote: »

Do you think he's telling the truth; I bet he gets about on a push bike and wears a pair of trouser clips?

I wear a nice shiny gold rolex submariner too. And it's a freehold rolex.