Have I understood this correctly please

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    Have I understood this correctly please

    I am selling a leasehold flat which has 2 car parking spaces and am trying to understand the lease regarding subletting.I will attach a copy.I think it means that in the last 7 years the flat and car parking space must be owned by the lessee as a whole and not sold or let.Before then the lessee cannot sell or let just part of the flat or part of the car parking space and also that the lessee cannot separate the flat from the car parking space and sell or let either separately.
    Any advice welcome please as am hoping to appeal to an investor who would want to buy and then rent out the flat.Estate agent asked if there were any prohibitions in the lease regarding renting .Thank you for any help

    #2
    I see the lease as you do - no restriction on subletting of the whole of the premises except for the last 7 years of the term.

    Do any of your neighbors rent out their property?

    Comment


      #3
      Yes 2 other flats do .over 980 year leases too

      Comment

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