Re Leasehold Query
Other

JM2
JM2
0 Thanks
9 Posts
11 years ago
0
Hello,Going through my late parents effects as executor I have discovered that they owned the freehold of two maisonettes one of which I grew up in.
It would appear on further investigation that they did not insure the building as they should have done under the lease agreement or collect the ground rent.
I have also discovered having written to the land registry that the leases only have 69 years left to run.
Could you please advise:-
If the freehold would have any value and how are they valued
How I would go about selling it if financially feasible
What recourse the leaseholders would have if I contacted them after all these years would I then have to start insuring the property etc.
Many thanks & regards,

Please Login

You must be logged in to participate in our forums, to continue please login below.

Not a member? From only £99 you can join in the discussion and get access to member's only resources and services.

As the home for landlords, the NRLA are here to help you save time, save money, and stay compliant. NRLA membership gives you access to a vast range of expertise, resources, and exclusive member benefits and savings, designed to help and empower members. We also play a pivotal role in campaigning and championing the interests of landlords.