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  • Leasehold Property

    Top floor period flat lease maintain roof

    Hello

    Could I ask if anyone has direct recent experience with leases please.

    Checked the lease on flat I have an offer I would like to buy - the lease excudes responsiblity for the roof from the freeholder. This then means I am obliged to maintain the roof I believe. There is zero service charge, and only £100 ground rent charged per year. The lease is pretty clear. I am of course going to ask my solicitor for their opinion on Monday.

    Has anyone else got direct experience of this situation?

    My thoughts are:

    A) I have to pay for a new roof at some point.

    B) I should check present condition of the roof in detail. I may send my buildings surveyor to get a condition report.

    Many thanks for any tips from people experiecned in these matters already Smile

    Jonny

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    A) correct

    B) correct

    Not sure how service charge can be zero? I mean what about building insurance that Freeholder would put in place, or other maintenance of the building?

    I guess if you have the maintenance of the roof, the ground floor may have water pipes and similar, but other part of the building?

    Is there a Managing Agent or managed by Freeholder? How many unit? How many year remaining? 

    Flat roof or batterfly?

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    Hi, Good feedback, thank you.

    I am seeing clarifications on the buildings insurance front too. I imagine the £100 ground rent might be used for that purpose. Lease is 999 years. Its a pitched roof.

    I guess if my surveyor says the roof is ok now, I can keep it in good ship-shape. Might be easer thank the freeholder creaming off service charge or major works and then top-slicing it with commision for management if I am just responsible myself. I might be able to get the ground floor flat to split costs in that instance.

    I will update again when I have news.

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    Ground rent is very much separate from the insurance.

    Some freeholders charge for maintainance issues as they crop up rather than having a projected budget at the start of the year. The downside of this is there's no sinking fund building up.

    Whether or not the ground floor flat is obliged to chip in for the roof should be written in the lease.

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    Just an anonymous opinion on the Internet.

    Hi ok thank you I will check.

    1. If ground floor flat is responsible for contributing to roof maintenance costs.

    2. How is the buildings insurance paid, as there is 0 service charge at present.

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