Advantages of a freehold flat

[poppet2]

It is the fact that there are some freehold flats on the market that surprise me.

I could see problems occurring for example the following:

 

a. If the freeholder of a flat lived in a block, but on the ground floor, would you still be expected to contribute towards the the cost of roof repairs?

 

b. Ditto, for the lift, which if you live on the ground floor, would never use.

[Jeffrey Shaw]

It is the fact that there are some freehold flats on the market that surprise me.

I could see problems occurring for example the following:

 

a. If the freeholder of a flat lived in a block, but on the ground floor, would you still be expected to contribute towards the the cost of roof repairs?

 

b. Ditto, for the lift, which if you live on the ground floor, would never use.

If the block's freeholder owns one flat not by lease, this would not detract from the rights of someone who owns another flat by lease. Generally, blocks of flats (inc. houses/commercial buildings converted into flats) involve a service charge that covers:

a. block insurance;

b. all structural parts;

c. foundations (even for upper flats);

d. roof (even for lower flats); and

e. all external and internal common parts.

 

Ground-floor flats' leases would usually exclude liability for that part of service charge as relates to a lift.

[poppet2]

Jeffrey, you're a star, and fast as lightning.