Freehold on a Ladder property

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Permalink Reply by Antoinette on July 5, 2010 at 11:05

I know the process all too well, and have sent a friend request so I can tell you all about it! I'm assuming that if you're on the ladder, it will be you and one other flat looking to split the freehold 50/50, which is relatively straightforward if your freeholder is not, in principle, opposed to the idea. My main tip is to negotiate before rushing into the formal process as this can turn out to be time-consuming and problematic.

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Permalink Reply by Paul Harvey on July 5, 2010 at 16:17

hi there - we did this a couple of years ago, was straight forward - can recommend name of a very good and cheap solicitor who took care of everything for us and managed to negotiate a good price on the freehold
drop me a private email and i'll pass on more details

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Permalink Reply by David T on July 6, 2010 at 23:04

I've sent a message request - will give more details when it comes through.

The process is simple - and you don't need a solicitor as long as you can fill out a few forms!

But you do need to decide the form of ownership of the freehold.

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Permalink Reply by empyrean_aisles on July 6, 2010 at 23:07

Thanks to all of you - for personal messages as well as for posting in this thread.

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