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Freehold Purchase

Hi, I am looking at the possibility of buying freehold from a 'difficult' freeholder. I live in a converted house, it has been made into 2 maisonettes - ground and floor floor. Both me and my neighbour are in agreement, but we are scared off by the prospect of a long, expensive legal case. To give rough figures, properties were selling for a 175k & 200k respectively a couple of months back, and less than 70 years remain on the leases (freehold purchased in mid 70s for circa 10k).

Peppercorn Ground Rent

Hi, We are the freeholder to a building containing 3 flats. We have had a request to extend a lease which started in 01 Jan 1987, hence it is over 21 yrs ago from start date. i.e. not qualifying as a long lease.
We are happy to extend the lease 125 yrs from today with Ground Rent as is and to continue to rise as per current lease for the new extension. We have received request for zero Ground Rent, however, this is not an option that is feasible to us. As I understand there is no right to zero Ground Rent in this case. Help is much appreciated.

Lease Extension of flat lease I am looking to buy

I'm thinking of buying a flat that has 82 years remaining on it. I have heard somewhere that this could be a problem and may need to have the Lease extended. Can you give me some advice on this and whether you think it is wise to put in an offer on this flat.

Many thanks

Neighbours right to freehold without my consent

Hoping you can help.

I own a lease of approx 119 years on my flat which is one of two flats in a freehold property. My neighbours have a very short lease left on their flat (I think less than 22 years and definitely no longer than 25 years- though am not sure exactly) and are obviously very keen to buy the freehold.

Extend or purchase? Absent landlord

Post ethank76 on Sat 26 Sep 2009, 5:36 pm

Hi. I purchased my lease in 2004, and was informed by the solicitor just whilst drafting the contracts that the landlord is absent. The person I bought from was told exactly the same, and they arranged for indemnity insurance. I understand that the landlord has been absent for around 10 years.

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