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Oct, 2014

Thursday

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  1. #11
    Join Date
    Oct 2009
    Posts
    5,117

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    Verylonglease,

    I was just going to suggest you let your flat on AST's, and hopefully get your freeholder to sell up because he was annoyed by your tenants.

    Does the consent order say that it only lasts while both of you are there, or just you?

    The reason I ask, is what if the freeholder sells up? Will his successor be bound by the consent order?

    If not, this could scupper your long lease scheme.

  2. #12
    Join Date
    May 2010
    Posts
    206

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    Quote Originally Posted by JK0 View Post
    Verylonglease,

    I was just going to suggest you let your flat on AST's, and hopefully get your freeholder to sell up because he was annoyed by your tenants.

    Does the consent order say that it only lasts while both of you are there, or just you?

    The reason I ask, is what if the freeholder sells up? Will his successor be bound by the consent order?

    If not, this could scupper your long lease scheme.
    What is AST's? Apologies for my ignorance!

  3. #13
    Join Date
    Oct 2009
    Posts
    5,117

    Default

    AST=Assured Shorthold Tenancy

  4. #14
    Join Date
    Jan 2011
    Posts
    734

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    As a buyer, I do not think I would be happy with the situation you propose. It seems messy. How would service charges work - would the freeholder bill you and then you in return bill the leaseholder?

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