Freehold and Leasehold Flat/Maisonette

Make Me an Offer

Selling a freehold flat or maisonette

If you want to sell a property which is made up of two freehold flats lenders may view this property as unattractive as
there are no proper grounds set out for maintenance and repairs.
be aware most high street lenders specify that a management
company for the maintenance must be in place to lend on a flat with a share of the freehold.

Property as unmortgageable

If you want to sell a freehold flat where there are two or more leasehold flats within the block. It is the freeholders’ responsibility to keep maintenance up on the property as to ensure the property
upholds a good standard.

Property needs maintenance

laid out in the leaseholders’ contract stating certain periods when the property needs
maintenance i.e. painting, gutters and drains.

Lenders fear that a building of freehold flats has no external landlord or separate arrangement
for the maintenance and repairs on the building, therefore possibly narrowing your market to cash buyers.

If you are selling a leasehold flat

or maisonette desirability of such property depend on the longest of the lease . Most leases are 100 years or more, if the lease drops
too low, you start having trouble getting a mortgage.

Interested Act Now

PWB can help you if you are facing repossession, Please complete the quick enquiry form and we will get back to you within 24 hours. Contact Us – If you want a quick property sale

Simply fill in our 30 second enquiry form and we will contact you within 24 hours

You can also call FREE on:

( open 24 hours a day, 7 days a week)