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  • (in fact more generally has anyone bought or sold a leasehold flat with ownership of the freehold attached. How did it work out?)

    Current place is share of freehold, but the lease the flat came with was already 900+ years so no need to extend it. Overall it works well. The main burden on the freeholders is annual buildings insurance and ensuring you have a suitable fund for general maintenance works as (at least in our case) we've had to all contribute to some repointing and some other general bits. (The roof was done 10+ years ago and will last for ages as it was done really well.)

    I can't imagine the solicitors fees should be heavy at all to extend an existing lease(s) if you own a share of the freehold. Worth getting a quotes to extend one, also all 3 leases, to 999 years and then no-one has to think about it ever again.

  • We've been quote about £500 per lease. Which maybe isn't hefty on the scale of solicitors fees but it's enough for the third freeholder to object as he views it as providing zero value.

    (although he doesn't have to extend his own of course)

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