You are reading a single comment by @Howard and its replies.
Click here to read the full conversation.
-
Having to organise your own building maintenance / insurance
If the other person decides they can’t / won’t pay (see previous pages of this thread).
If the other chap wants sof then absolutely go in with him.
Howard-
We dont pay a service charge to the freeholder currently (just ground rent and insurance). I don't think they would do any building maintenance anyway without charging us.
Seems like the best option to do it, seeing as I'll have to fork out a load to extend the lease too. I guess I want to be sure there's no possibility of getting f&ked over (with him knowing lots about property stuff and me very little).
damitamit
2 leasehold maisonette flats in a semi detached house. I own the ground floor. The guy upstairs (an estate agent owner by day) has suggested we buy the freehold. I'm clear on the advantages, but what are the downsides to this?
My lease has 81.5 years left so I'll be spending some money imminently (before it hits 80) either way.