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Inderdeep
Inderdeep,
Category: Property Law
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Experience:  Expert
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Freeholder is absent. I’m buying a flat where the freeholder

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Hi
JA: Hi. How can I help?
Customer: freeholder is absent. I’m buying a flat where the freeholder an individual, Has been for years . My lawyer says I can’t buy the freehold only get an indemnity insurance policy which the seller has done
JA: Where are you? It matters because laws vary by location.
Customer: London the property is in beckenham
JA: What steps have you taken so far?
Customer: Asked my lawyer if I can buy the freehold
JA: Is there anything else the Lawyer should know before I connect you? Rest assured that they'll be able to help you.
Customer: the freeholder is an individual not a company and he has been absent 17 years . He used to live in the flat I’m buying . No forwarding address.

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I will now turn to your enquiry and assist you as best i can so please bear with me.

A situation where there is an absent freeholder can be concerning especially if there are any disrepair or maintenance issues. You would need to ensure you instruct a surveyor to look at these issues and also look at the lease in regards ***** ***** term and ground rent.

You can apply to the court for a vesting order and then take over the freehold however there are certain criteria that need to be met in that you need to be a qualifying tenant and own the property for at least two years, and the other leaseholder must also participate.

Inderdeep and 3 other Property Law Specialists are ready to help you
Customer: replied 8 days ago.
Okay many thanks