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

4 replies

missymissmiss · 20/06/2011 22:18

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

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Ishani · 20/06/2011 23:23

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.

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missymissmiss · 21/06/2011 07:21

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

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Ishani · 21/06/2011 07:25

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

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narmada · 21/06/2011 12:03

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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