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SHARED FREEHOLD FLAT INFO

What is shared freehold?

What are the advantages and pitfalls?

Find out more....

 

RICHARD WEBSTER & CO is a Conveyancing Solicitor's practice.

We have found that there are a lot of people out there who do not understand the concept of "Shared Freehold."

A Freehold Flat and a Shared Freehold Flat are NOT the same. 

The ability to sell or remortgage a flat will be affected by the way lenders view the legal details.   This page links to pages on our main site where the concept of "Shared Freehold" is explained further and there are pages about other situations concerning freeholds and flats.

CLICK on the links below to go to pages on our main site www.rwco.co.uk that explain what's involved.

  • Main Summary - Read this first - it links to  pages which explain some of the details.

  • Mortgages - Read this BEFORE you apply for a mortgage on a "shared freehold" flat or any flat which you have been told is freehold or where you will have some involvement with the freehold.

  • Freehold Flats - Read this to see why there are legal problems with "pure" Freehold Flats.