Freeholder Gone Bust and I can’t Extend my Lease
I own a flat in a block of six, all six owners have agreed to purchase the Freehold.
The Freeholder was dissolved in 2002, our solicitor has contacted the Treasurys Solicitors Dept, who have replied to say that that companies assets are distributed to persons entitled, no interest was passed to the Crown as bona vacantia, and suggest we continue to look to see who gained entitlement to the freehold.
The Financial Conduct Authority have also been contacted, but no one has any idea who has the freehold.
In the ten years I have owned the flat we have never had a demand for ground rent or maintenance.
Our solicitor seems stuck and the leases have dropped below seventy years making the flats difficult to sell.
Has any one got any ideas what we should do next?
Thanks
Charlie
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Member Since July 2014 - Comments: 4
2:29 PM, 28th July 2014, About 12 years ago
Reply to the comment left by “Tony Lilleystone” at “28/07/2014 – 14:26“:
Thank you Tony