• Deed Of Variation On Freehold Property

    By Guest on 28th Aug 2019

    Selling a freehold property on. 2.5year newbuild site with a private management company for communal areas (this has not been maintained and third hand have been told the management company has changed. Now apparently there is a deed of variation with the new management company and they are trying to charge £600 to agree to the deed of variation in order for our sale to go through. What are the legalities around this and should we have been informed about a deed of variation? We are not leasehold. Confused!

  • 4 Answers

    By Guest on 29/08/2019

    Depends on the circumstances of the case and background.

  • By Guest on 04/12/2020

    we have the same situation. my freehold property was built in 2007 and in a managed estate. our buyer's solicitor insists to have the deed of variation signed off by the management company. But other sellers in the estate didn't need to get one.

    the management company is really difficult to deal with. they don't reply at all and it has been 1 month since our solicitor sent them the first enquiry. our sale is on hold purely for this piece of document.

  • By Guest on 04/05/2024

    We are going through this now. Our buyer on the same estate does not need one but we do. It has taken so far 2 months. The management company after some time and changes signed this, then it have to go to the original developer. However our developer sold so we had to trace any active directors. This was okay, but then it had to go to their solicitors…..they still have this. We are due to move on 17th May and still not exchanged.

    We have no idea what the additional costs will be, but a person on our estate paid 1,500 and it took 9 weeks.

    Not good.

  • By Guest on 24/10/2024

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