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Author Flats - Leasehold
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
3rd Feb 09 at 19:00   View User's Profile U2U Member Reply With Quote

I know you have to pay ground rent but are you limited to what you can do with a leasehold property.

E.g. Could I still knock down a wall if I wanted?
Cosmo
Member

Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
3rd Feb 09 at 19:06   View User's Profile U2U Member Reply With Quote

Depends on the sort of lease it is.

Mine is on something like a 200yr lease, and I can do whatever I want inside as long as it isnt structural.
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
3rd Feb 09 at 19:19   View User's Profile U2U Member Reply With Quote

It doesn't say.

This is the place:

http://www.rightmove.co.uk/property-for-sale/property-20566093.html

I particularly like the decor and the handrails in the bathroom
Cosmo
Member

Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
3rd Feb 09 at 19:23   View User's Profile U2U Member Reply With Quote

Looks like an oldie lived there - bet it stinks of piss.

If you're effectly buying the freehold (but on a stupidly long leasehold) like mine then wont have a problem changing things round inside as long as they arent structural.
James
Member

Registered: 1st Jun 02
Location: Surrey
User status: Offline
3rd Feb 09 at 19:27   View User's Profile U2U Member Reply With Quote

I like the smell of piss in the morning.
Fad
Member

Registered: 1st Feb 01
Location: Dartford Kent Drives: 330cd
User status: Offline
3rd Feb 09 at 20:05   View User's Profile U2U Member Reply With Quote

Generally you wont be able to knock down walls the lease will say that freeholder will be responsible for everything past the first skin of plaster and from above the joists in which case you wont be permited to start making structural alterations.


 
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