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Music1 min ago
Hi all,
I have the opportunity to buy the freehold on a block of 9 flats in city centre where I own a leasehold flat. I am concerned that the freeholder is getting out while the going is good (no major repairs or maintenance for a long time) and I will be left with bills to pay - or is it simply a case of getting the other leaseholders to pay for these things. The block also has a lift so a possible major cost.
Am I open to financial loss and trouble or should I simply worry about the paperwork? Any advice welcome.
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