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Buying private flat in a Cpuncil owned block

5 replies

Muddle2000 · 26/09/2023 14:24

Most are still council owned Building looks in good nick.
Any wise things to watch out for?

OP posts:
Strawberryfieldsforeverrr · 26/09/2023 14:27

Huge, huge, huge bills. The council don't ever look for best value, they have preferred contractors. So if they decide to get a new roof and ask you for 10k you'll have to pay it.

Dolallytats · 26/09/2023 14:34

I was just going to say the same. I'm a HA tenant, but there are 2 private flats in our block of six. One of the owners has been saying that the HA is looking at improvements and she's scared because they're looking at around £25,000 that they don't have in order to pay for it.

UserNameAbsent · 26/09/2023 14:40

Ask them when the last set of major repairs were carried out - such as replaced the roof, works to the drains etc. If it was fairly recently I would go ahead and seriously consider it. If it's never been done, or more than 15 years ago I would walk away because big bills are on their way.

KievLoverTwo · 26/09/2023 14:44

Do they still have communal heating? Because those aren’t price controlled, they buy on the open market. Last winter when everyone’s fuel bills had doubled in a year, theirs had more than tripled for some periods of time.

GasPanic · 26/09/2023 14:48

Yes bills basically.

Councils are much more "diligent" in keeping flats in good repair in general - of course there are some horrifying exceptions to this.

But they could decide that part of the building is not up to standard for some obscure reason and land you with a share of a massive repair charge. I think tower blocks are a particular issue for this, because works on them can be very expensive.

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