Advice about moving to mount view court on green lanes,n8

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Permalink Reply by 2zupwwmfe1q9c on January 4, 2014 at 18:31

Never, ever buy a leasehold property.
You never own the property.
The freeholder retains ownership and you are merely a tenant from whom freeholders and managing agents can and do extort large sums of money, with little legal right to do so.
The law does little to protect you and is extremely inaccessible due to cost and complexity.
Disputes render you property unsaleable.
See Carlex website for details of the scams etc practised routinely to fleece leaseholders.
It is the norm not the exception sadly

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Permalink Reply by JB on January 5, 2014 at 9:02

Thank you for the warnings , food for thought

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Permalink Reply by Alan Stanton on January 5, 2014 at 10:31

Bet you're glad you asked.

P.S. Moving to London? Don't drink the water and don't breathe the air.

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Permalink Reply by Abi on January 5, 2014 at 10:32

There are downsides to buying (shares of) freehold too though, of course. If our neighbours ever default on their mortgage, for example, we're in trouble! 

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Permalink Reply by Richard Hulbert on January 10, 2014 at 11:20

Our friends Tina And Spike lived there for years - they had to move out to Cambridge and still pine dreadfully for it. I remember it as quiet safe but not all that big ;) great for the shops.

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Permalink Reply by Sapphireblue on January 10, 2014 at 15:17

I live in same road as Johnny - hi Johnny don't think I know you in our little cul de sac? Anyway, in the summer with all the windows open you get the odd teenager playing loud music, the odd shouting match. Apart from that it's quiet.

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