• Freehold House, Leasehold Garage (peppercorn)

    By Guest on 05th Feb 2021

    Long story short: I tried to purchase a house, in freehold, and the garage was a peppercorn rent. My solicitors went on a crusade asking for a deed of variation about the garage, which for whatever reason the sellers didn't want to go through. Indeminty insurance was offered instead.

    I am wondering whether my solicitors messed up and just started barking for no (or very little) reason? Below some extra info.

    Thank you very much for this service

    Leasehold Garage
    The rent for the Garage is a peppercorn rent (as set out in the Garage Lease), and no funds are collected by the landlord via their agen
    There are no service charges payable for the garage.
    Therefore there is no payment information such as accounts details to provide for the Garage.

    This is the enquiry from my solicitors:

    We are concerned that the 2006 Transfer created a rent charge. Please approach the developer for a deed of rectification we require the following clause to be inserted: The parties agree that the Maintenance Charge shall not be intended to be a rent charge for the purposes of the Rent Charge Act 1977 and to the extent that the obligation to make payment of such sums is deemed to be a rent charge the provisions of Section 121 of the Law of Property Act 1925 are excluded from this Transfer and the Transferor is not entitled to exercise any of the remedies contained therein.

    Whilst there is no service charge there is an insurance premium contribution to be paid. Please provide evidence this payment is up to date

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