You are reading a single comment by @ReekBlefs and its replies.
Click here to read the full conversation.
-
Thanks for the tag @tonylast. @Howard also really good on this stuff.
I've never gone full freehold purchase, where you take over the freehold AND the management of the building, and you upgrade each lease so each gets a share of the freehold, but I have done the Right To Manage where you take over management of the building, but you still pay your ground rent etc to a third party freeholder. It's cheaper and easier and for us it was enough to stop the nonsense major works and spiralling service charges etc.
If you want to connect me to your friend I'm happy to share my experience and resources.
I moved to a freehold property last year and I can't believe the difference it's made. Haven't thought about leasehold in months.
ReekBlefs
There was chat in this thread ages ago (talking years) about someone who was in the process of taking over the leasehold in their block of flats/homes.
Friend has the opportunity to do this and is looking for advice on the process, positives and negatives, costs, etc..
If they’re are still on here, could they be pointed in my direction as I’d like to connect them with my friend.
Thanks