Mike in Worthing

Registered with Property118.com
Tuesday 17th December 2019

Latest Comments

Total Number of Property118 Comments: 34

Mike in Worthing

12:46 PM, 19th April 2022, About a month ago

Purchase of mixed use Freehold and Leasehold titles?

Try this. Son surrenders lease to father. Consideration therefor a matter for them. You buy freehold unencumbered.
I had a problem with buyer's solicitor once. I put my foot down and they caved in (eventually). If they don't agree, ask them why.
Good luck... Read More

Mike in Worthing

14:45 PM, 28th March 2022, About 2 months ago

Mike in Worthing

12:34 PM, 28th March 2022, About 2 months ago

Guarantor's point of responsibility?

You don't have to wait. Notify the guarantor because the longer you leave it the harder it becomes to enforce the guarantee. You should check with the Land Registry that the guarantor owns their house. Ultimately a charge on that property secures payment to you. Guarantors will know this and may pay the arrears rather than face a court claim.... Read More

Mike in Worthing

12:22 PM, 28th March 2022, About 2 months ago

Rip-off 999 year lease ground rent review clause/Role of expert surveyor?

Why not extend the lease? Marriage value will be zero anyway. The law entitles to you to another 90 years at zero ground rent! Just a thought.... Read More

Mike in Worthing

15:01 PM, 24th March 2022, About 2 months ago

Freeholder owns flats as freehold and not paying service charges?

No. If the developer does not sell the flats they are freehold. They form part of the whole. So it IS possible to have a mix. Trust me - I owned one once!... Read More