• Leasehold Agreement - Is This Normal?

    By Guest on 05th Nov 2019

    I'm purchasing a first floor flat (Victorian Conversion) where the ground floor flat is occupied by the freeholder. I'm trying to understand if this is very stringent on me as it appears I have 50% responsibility of everything from repairing the structure, including roof and foundations 'below first floor level'? Also half of repairing the pathways which are not included in my title?

  • 1 Answers

    By Guest on 06/11/2019

    It's reasonably normal - the other tenant can indeed be the landlord. Both tenants have a 50% responsibility for the upkeep of the building. The other tenant (who is the landlord) will control expenditure though. Up to you if you wish to accept it or find somewhere else.

    www.notaryexpress.co.uk

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