Government forcing landlords to house non-paying tenants for lengthy periods11:18 AM, 15th September 2020
About A week ago 40
I have owned a flat for about 7 years or so, I am a leaseholder, the lease has about 120 years or so to run.
It was formally owned by the local council and the council have sold the block to an independent Landlord. I have the first floor flat.
The new Landlord has also bought the ground floor flat as well as the Freehold.
Question : Can the new Freeholder disregard the existing Lease arrangement? Would they be able to force me to sign a new lease or something similar?
What should I watch out for? What are the possible repercussions of such a purchase. They did offer to buy my property at 40% below market value which I refused, I feel like I am walking around with one of those laser red dots on my body that you see in the Gangster movies. I am waiting for “Crack” of the rifle!
Any forward thinking advice or evasive moves much appreciated.
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More