Absent Freeholder: Problems Selling or Remortgaging
Is an absent freeholder holding up the sale of your flat? Missing leasehold information, unanswered enquiries or uncertainty about buildings insurance can leave a buyer’s solicitor or mortgage lender unwilling to proceed.
Were you warned that the freeholder’s absence could affect a future sale? Visit When I Bought’s absent freeholder guide to explore the issue and arrange an initial conversation about your purchase.
Missing freeholder holding up your sale or remortgage?
If the problem was not explained when you bought, you may now be wondering whether you received the right advice. When I Bought explores which purchase records may matter and offers an initial conversation about what happened.
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The Freeholder Is a Company Nobody Answers: Why Is Your Flat Sale Stuck?
The article discusses challenges associated with selling a flat where the freeholder is unresponsive. It highlights the importance of identifying missing information or required consents for the sale, the potential roles of conveyancers, and the complexities involved in dealing with companies and legal requirements. Guidance on assessing options and necessary actions is provided.
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Absent Freeholder: What Did Your Mortgage Lender Require When You Bought?
Historical lender requirements for an absent freeholder can matter when a flat becomes difficult to sell or remortgage. The original purchase may have completed with a mortgage and an indemnity policy. Years later, a buyer’s lender asks questions that nobody can answer. Why did the first lender proceed? Was the freeholder already missing? What was…