Leaseholders..!
Myself and the four other flats have a good title lease with the manaagement company, who themselves are ran by the 5 flats and have a good title lease with an absent freeholder.
Is it worth spending money upgrading both titles from good to absolute?
Quote below from my solicitor who did my conveyancing earlier in the year.
My fees for dealing with the upgrades of the titles will be £400 +VAT for the upgrade of the head lease title and £150 +VAT for each of the respective leasehold titles. In addition to this there will be Land Registry fees payable of £40 per application.
Been doing some research on it but wanted a second opinion. Cheers!
Leaseholders..!
Myself and the four other flats have a good title lease with the manaagement company, who themselves are ran by the 5 flats and have a good title lease with an absent freeholder.
Is it worth spending money upgrading both titles from good to absolute?
Quote below from my solicitor who did my conveyancing earlier in the year.
My fees for dealing with the upgrades of the titles will be £400 +VAT for the upgrade of the head lease title and £150 +VAT for each of the respective leasehold titles. In addition to this there will be Land Registry fees payable of £40 per application.
Been doing some research on it but wanted a second opinion. Cheers!