You are reading a single comment by @hugo7 and its replies. Click here to read the full conversation.
  • Well this is fun, just got a letter from the freeholder saying they've started a section 5a proposal to sell on the freehold. They've priced the freehold at ~60% the value of the flat meaning 1) it's too expensive to buy and 2) even if it we did buy it the flat may never rise in value enough to match the total cost before the heat death of the universe. So now we've got to worry about a service charge that's gone up 50% in 2 years for no apparent reason, a main boiler that we've been paying for maintenance on but turns out has been defective for 3 years, a whole new heating system being put in the building with roughly 4 more months left of work, and now an unknown buyer may tripple the ground rent and tank the value of the flat just as we want to sell it.

About

Avatar for hugo7 @hugo7 started