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What are the implications if the landlord of the flat downstairs has sole ownership of the freehold?

The flat I am looking at is as described above. Although I am being told "he's lovely, previous owners have had no requests for regular payment or major repairs", could he demand these at any time? If he sells could the next owner as is there anyway of protecting myself? Should this have an impact on how much I offer to pay for the property? Thanks

Asked on Apr 22 2012, General in Brighton | Report content

Answers (1)

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  • He is the freeholder, he just happens to live inthe same building. While there's nothing to stop him being an unscrupulous landlord, he probably wants to be on good terms with you, as a close neighbour, so will probably be reasonable. You should find out what expenses are likely to be coming up- if the bills have been very low, has the property been neglected? Is there a sinking fund? Are bills split 50/50? Good luck

    Answered on Jun 7 2012, Report content

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