Hi
We have lived in our house for 18 months - and want to convert the loft. Our house if leasehold and as we havent been in the property more than 2 years we can purchase the freehold but by agreement. The landlords have come back with a cost of 2.5k - even though there are 930 years left on the lease, and we dont pay ground rent! I have asked them for a price of how much gaining permission from the landlord is instead of buying the freehold as this is the only permission we would need and not planning on ever selling. So my question is:
- Is it likely to be cheaper if we wait until 2 years before getting the price for the freehold?
- How much should the permission be (in anyones experience)?
- Has anyone just built without seeking permission (I couldnt do this!) and it been an issue?
Literally any advice on a way forward would be appreciated....for reference, 1930s semi, converting into kids bedroom.
Thanks!