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buying freehold
JoelP - 11/1/10 at 08:42 PM

i have a house on a long lease and want to buy the freehold off the council. Anyone done this? Painful? And can anyone who has done this tell me what it cost?

Cheers!


Hurdsey - 12/1/10 at 12:01 PM

Yep I bought mine about 3 years ago.
Mine was held by the developer (new estate) it cost me 10 times the annual ground rent, about a grand, plus solicitors fees, came to about £1300, dead easy and well worth it in my opinion.


JoelP - 12/1/10 at 07:37 PM

lovely, cheers for answering. My ground rent is only £10 a year, but i dont like the council looking over my shoulder!