Hey, we are in the process of buying an apartment which is at the top floor of a renovated warehouse building. the top floor is an extension that was made few years ago.
the building is in high demand and we know that many apartments were sold and bought there.
the seller is saying that all the top floor gathered together few years ago and they bought the head lease and now they freehold of the third floor (or something like that), but the documents that my solicitor received is saying that the ground rent for the building is 300£ per year and double every 25 years and it will be a massive problem getting a mortgage. I spoke with another owner of an apartment in this building and he is saying that the ground rent is like 100 per year...
so I don't know who to believe anymore, my solicitor is waiting for more information, and I'm wondering how there is so much miss-information.
is there a way for me to find out what is the deal or do I need to seat quietly and just wait for the solicitors? is there a chance that although many apartments are sold that my solicitor came across a problem that no one else found?