Looking at an upstairs flat in a semi - detached house, buying to let. The downstairs flat is lease (owner occupier)and the vendor of the upstairs flat is the freeholder.
How does the rfr work?
It's not been mentioned but i noticed it while googling. Should we bring this up with agent and owner of downstairs?
How would you know the value of the Freehold?
If we bought the flat without them being offered it, then they said they did want it- how would it be valued?
The freeholder has never asked for ground rent and we are happy for this to continue but obviously need to know our responsibilities under the terms of the lease.
Advice?