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Other than that, is it just a bit of a gamble hoping that our neighbours won't be shits?
Totally. Big world of potential nightmares. Fine if they're not total cunts.
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Worth asking about how the estate is managed - share of freehold means it's the residents choice but are they using an agent, if so which one, and is there a directorship up for grabs? Usually you'll find out a lot from whichever busybody does the organising (me in the case of our block) and they're usually happy to chat to potential residents. You'll get a lot from asking them 'anything I should be aware of or unwritten rules I should follow'.
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Sisters share of freehold flat purchase just fell through as she wanted to convert loft but the share of freeholder won’t agree to the alternation. Fortunately she found this out before she bought it but nightmare for the seller and something to check if you want to extend.
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Brommers
ReekBlefs
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@jackincaves
About to make an offer on a flat with a share of freehold. Anything to be aware of or that we should be asking?
Have already asked if there's a reserve fund, and a Deed of Trust to agree on any work. Other than that, is it just a bit of a gamble hoping that our neighbours won't be shits?