One bedroom flat in London, Nice Area

[BrilloPad]

Be careful of Belgravia. I work there - almost right next door to the Lucan family home. These murderers get everywhere.

[redgiant]

The right answer is on the river.

Which is where I live

[Ketchup]

WARNING: I live in Clerkenwell

so do i during the week

[Bunk]

Be careful of Belgravia. I work there - almost right next door to the Lucan family home. These murderers get everywhere.

Also, his budget is a bit weedy for Belgravia, maybe if he multiplied it by 10.

[SimonMac]

You can buy the Walworth road for that!

Are you about to work in London? How far do you want to commute? Do you want river views?

The problem with London is that almost wherever you go you are not far an ex-chelsea Manager.

FTFY

[Dallas]

Which is where I live

+1

Limehouse

Wapping lovely too

[LatteLiberal]

Confused about this leasehold business, here it's freehold. Looking at right move it doesn't really explain how long you own it for?

[BrilloPad]

+1

Limehouse

Wapping lovely too

Don't move too close to Dallas. The noise of her knitting needles annoys the whole block.

[BrilloPad]

Confused about this leasehold business, here it's freehold. Looking at right move it doesn't really explain how long you own it for?

If you get a flat then you cannot have freehold as you all own the building. Best option is freehold with a share of freehold. You own the freehold for a number of years. This can be extended in most cases. Generally hard to get a mortgage with less than 50 years remaining.

Do you need a mortgage?

[redgiant]

If you get a flat then you cannot have freehold as you all own the building. Best option is freehold with a share of freehold. You own the freehold for a number of years. This can be extended in most cases. Generally hard to get a mortgage with less than 50 years remaining.

Do you need a mortgage?

I am in a share of freehold building. The owners have setup a ltd. company that owns the freehold which I am a shareholder of. I still pay service charge & ground rent however I get more a say on how the building is governed, improvements and don't need to buy a lease extension.

I'd rather have it that way as it can get very complicated when you own the freehold in a building with two or more flats as there will be disagreements on repairs etc.