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  • Just viewed a lovely 3-bed flat, bang on our budget. House converted into 2 flats.

    But it's a freehold flat apparently. Does anyone have any positive experiences or should I just forget all about it?

    Apparently the upstairs flat is very amicable and pay half the buildings insurance and any maintenance...

  • Why do you think owning share of freehold is a bad thing? It's a good thing!
    You own the property and the land it sits on.
    Lease extension is easy and much much cheaper.
    Want to alter it internally - all you need is permission from the other freeholder.
    You don't pay ground rent.
    You don't get ripped off by the freeholder for maintenance fees.
    You want a pet - great go get one.

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