View Full Version : Resolving Share of Freehold Disputes


spark
14-03-2005, 18:22
Hi,

I'm interested in buying a flat but it's Share of Freehold which I understand is better (since you have some control over what happens), but can pose some problems if not all members of the freehold agree on matters. In this case the freehold is shared between 4 flats.

Can anyone tell me whether there are any standard mechanisms for dealing with this kind of dispute?

e.g. say the roof needed replacing and one member of the shared freehold doesn't want to stump up the cash, what happens?

Does the fact that the shared freehold consists of a company (of which the 4 members are equal shareholders) with leases back to the four members help at all (which i understand is normal)?

Many thanks.

bornandbred
16-03-2005, 16:25
I don't know the answer to your problem but there is a forum on www.landlordzone.co.uk that you might find helpful.

spark
17-03-2005, 09:53
Ok, i'll take a look. Thanks for the reply!

BertieBasset
17-03-2005, 12:01
I understand that it's harder to get mortgages on freehold flats, I was under the impression that very few lenders will lend on them because of the potential problems of repairs etc.....

R Webster
11-02-2011, 17:34
This whole share of freehold business is very confusing and the last post makes this evident - a freehold flat and a shared freehold flat are not the same. This is all explained in a new website which links to explanatory pages about the various situations concerning freeholds and flats:http://www.shared-freehold-flats.info

pinner
12-02-2011, 19:50
I understand that it's harder to get mortgages on freehold flats, I was under the impression that very few lenders will lend on them because of the potential problems of repairs etc.....
Yes. Use an expert solicitor to rectify/regularise the position.
Try Nether Edge Law: jss@netheredgelaw.co.uk.