I own a leasehold flat and rent it out, the management company have offered the chance to purchase the freehold as long as 50% of flat owners agree to proceed.
I provisionally agreed as I know freehold would be more appealing when it comes to selling, nothing has gone ahead yet and I haven't paid anything but I'm already having doubts.
Another flat owner has emailed us a list of what must be 45 questions with things we need to consider, another person has emailed xyz renovation works they want to carry out and how we'll fund this.
I don't have spare money for things like this, I make zero from renting out my flat, I moved away due to work but didn't want to sell yet. I also don't have time to deal with what it sounds like they're expecting.
I'd rather just pay a monthly service charge as I have been, I don't want to get drawn into disputes, billed hundreds or thousands and constant whatsapp messages, I've not got time for that.
I've just been put off already, does anyone else have a similar setup?