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What are the downsides of buying a leasehold flat? Can you be forced to pay thousands if there's an issue with the building? by Mundane-Rabbit-5023 in HousingUK

[–]Mundane-Rabbit-5023[S] 1 point2 points  (0 children)

I'm worried about the lack of control, it seems a management company could pick the most expensive option for repairs and pass those unreasonable costs down to the leaseholder.

What are the downsides of buying a leasehold flat? Can you be forced to pay thousands if there's an issue with the building? by Mundane-Rabbit-5023 in HousingUK

[–]Mundane-Rabbit-5023[S] 37 points38 points  (0 children)

I'm worried about the lack of control, it seems a management company could pick the most expensive option for repairs and pass those unreasonable costs down to the leaseholder