Freehold to new leasehold flat?Make Text Bigger
I am looking to purchase a converted house that is showing on land registry as 20 and 20a. However, this is a freehold property and on completion I will be issued with a new 125 year lease, making it a leasehold. The other flat will be the same.
My problem is the lender seems to have a issue with this and is taking their time. I’m on a deadline to complete and need to try and get this sorted asap.
I have been offered to purchase the whole freehold of both flats if I what and was wondering if I should consider this option?
Any help would be much appreciated.
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