building safety
Articles on building safety issues in leasehold conveyancing, including the information buyers and lenders may require, the effect on sales and remortgages, and the questions conveyancers need to investigate.
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The £7,000 Service Charge: Could You Still Sell the Flat?
Service charges in older tall buildings can exceed £7,000 a year on average. Buyers need to understand the current bill, reserve fund, major works and future saleability before exchange.
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When a Leasehold Flat Becomes Unsellable: The Problems Buyers Discover Too Late
A leasehold flat may become difficult to sell because of service charges, a short lease, ground rent, building safety concerns or defective lease terms. We examine the warning signs and what owners should investigate.