HI all,
Is it possible to sell a share of a freehold at auction? or on rightmove?
I am looking to buy a flat with a share of freehold. I want to keep the long lease but sell the share of the freehold.
The flat i am looking at is in a block of 6. The flat im looking at has recently had a new fresh 125 year lease. There are three flats with 45 years remaining on the lease to the freehold company.
Therefore there would be a bit of value i the 1/6th share of the freehold I would like to sell if i bought to free up capital.
Is it possible to sell a share of a freehold at auction? or on rightmove?
I am looking to buy a flat with a share of freehold. I want to keep the long lease but sell the share of the freehold.
The flat i am looking at is in a block of 6. The flat im looking at has recently had a new fresh 125 year lease. There are three flats with 45 years remaining on the lease to the freehold company.
Therefore there would be a bit of value i the 1/6th share of the freehold I would like to sell if i bought to free up capital.
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