Go To Mortgage 101

Return To Group Index

Date: Sat, 08 Jan 2005 23:54:04 +0000
From: Reestit Mutton 
Newsgroups: uk.finance
Subject: Re: Freeholder vanished - can I still get a mortgage?

Joseph Hill wrote:
> Hi
> 
> I saw a reasonable flat on the market I'd rather like.
> 
> The estate agents tell me that the flat is going a little cheaper than
> it ought to as the freeholder for the block has gone walkies, and
> nobody in any flat can locate him.
> 

Why don't all the leasholders club to gether and refuse to pay the 
annual ground rent. Surely under such circumstances the freeholder won't 
remain incognito for long.

Just a thought

RM
-- 
Tsunami Disaster Relief (DEC)
78% of my Amazon commissions for CDs, DVDs, games & books will be 
donated with gift aid making this up to 100%
http://www.reestit-mutton.co.uk/CHARITY/tsunami-jan05.html