Absent Freeholder and only one other owner is cooperative

by Readers Question

11:42 AM, 30th June 2015
About 3 years ago

Absent Freeholder and only one other owner is cooperative

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Absent Freeholder and only one other owner is cooperative

Dear Fellow members, I have bought a Victorian conversion with four in the block, the freeholder is absent and I would like to take a buy to let mortgage.victorian

Only 1 other flat is owned by a leaseholder who wants to take a mortgage and will cooperate with setting up a management company if we need to and try to buy the freehold.

The remaining two flats are for sale as repossessions.

Has anyone out there has had a similar experience and has advice please,

Emsal



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