We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
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!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Anybody to blame or just one of those things?
Comments
-
The key problem for me would be the lack of freeholder consent - I am guessing that is why the solicitor is urging caution
Make Freeholders consent a condition of proceeding - They should have declared this earlier0 -
Insurance will cover that too0
-
Yes - why are you buying a 4 bed leasehold house?
Cut your losses and find a freehold property you like.0 -
The freehold /leasehold issue aside. I would not be at all botherd by a 15 year garage conversion with no building regs. Those regs would be totaly obsolete now anyway. I personally wouldnt bother with insurance either. Unless you get the vendor to pay?0
-
But you could still lose your room if the freeholder insists, you will be recompensed financially but that's it.Ronaldo_Mconaldo wrote: »Insurance will cover that too
The freeholder doesn't have a timeframe for enforcement, like the planners and building control0 -
I'd just get indemnity to CYA, and get on with it. Providing your lease is over 90 years... less than that might be a worry.0
-
Leasehold house = run for the hills.
If this falls through because of the garage consider you've had a lucky escape.0 -
I hadn't spotted the leasehold bit.
Why anybody would buy a leasehold house beats me. Walk away, find a freehold house instead.0 -
Got to agree with what’s already been said. I used to do a lot of work for a solicitor who specialised in leaseholds and I wouldn’t touch a leasehold house with a bargepole.0
-
Again, why is everyone against a leasehold? Many homes are leasehold but they are not the the sort you see in the headlines all the time. 999 year lease (-years since the house was built, so -48 for the house I am sitting in) and a lease of about £3 a year.
The lease could be bought for a few hundred/grand, but not worth it.“Quis custodiet ipsos custodes?”
Juvenal, The Sixteen Satires0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.7K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.8K Work, Benefits & Business
- 603.2K Mortgages, Homes & Bills
- 178.2K Life & Family
- 260.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards