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.
📨 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!

Valuator wrote 125yr lease when reservation form said freehold

Options
Hmm.. just got a copy of the bog standard mortgage-only survey on a new Persimmon home and the valuator has ticked 125 year lease.

I'm a bit confused and I hope it's just a silly mistake, the reservation form says freehold. Another worry for the weekend.

Comments

  • HGLTsuperstar
    HGLTsuperstar Posts: 1,904 Forumite
    Call them first thing Monday AM, dont sign or return anything until received a fresh survey with all the "small print" correct. Probably was a silly mistake on the valuator's part, but dont accept it as it could come back to haunt in years to come
  • The person to contact to be really sure of the tenure is your sols - just explain the possible error and ask them to clarify the tenure in the contract.
    You don't stop laughing because you grow old, You grow old because you stop laughing
    " Large print giveth - small print taketh away. "
This discussion has been closed.
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
  • 351.2K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.2K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.6K 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.