I've been offered the freehold of my property which is a house converted into 3 flats all of which I own. There are 89 years on the lease currently, I have always paid a token service charge (£50 annually) as the freeholders do not do anything to maintain the property. They are asking for £25k which I'm struggling to find due to high interest rates etc although they have gone down from £29k. Any suggestions from anyone especially with the new rules coming into place? If it goes to auction what will happen? |