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4 flats in one house we all have a share of the freehold but...

(5 Posts)
missymissmiss Mon 20-Jun-11 22:18:18

Is the share of the freehold split by property size, i.e 1 bedroom flat owns less than 3 bed flat? Then does that same principal apply when splitting costs for the building upkeep, maintenance......?? When the freehold was transferred to us no % were given.

My leasehold 1 bed btl flat I pay less service charge etc than the 2 bed flat downstairs so wondering if it's the same principal?

Thanks

Ishani Mon 20-Jun-11 23:23:32

I think you need to see a solicitor this should have been made clear in the information pack given to you by the previous owners I would imagine and if there's a nasty shock awaiting you ie it's spilt 4 ways why weren't you made aware of that before purchasing the flat.

missymissmiss Tue 21-Jun-11 07:21:28

Split 4 ways equally is fine for us tbh as we have a bigger flat, just wanted to know how other share of freehold flats split costs for maintenance, insurance etc? When we bought the % was not specified so assumed it is split equally?

Anyone? Thanks

Ishani Tue 21-Jun-11 07:25:19

Nobody will know, it's all down to individual leases, mine would be very different from yours.

narmada Tue 21-Jun-11 12:03:54

Agree with Ishani, you need to check your lease. The solicitor who dealt with the freehold transfer should bloody well have checked this and should know the state of play.

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