The new house we have put an offer on is leasehold. Is there any advice anyone can give to avoid problems?

We have put an offer on a house that is leasehold. The lease is still 999 years but my knowledge of this kind of thing is pretty limited. I was wondering if anyone had any advice about what to look out for, what questions to ask and how to ensure we are not signing up for something we shouldn't. Thanks for any help you can give.The new house we have put an offer on is leasehold. Is there any advice anyone can give to avoid problems?
Read the lease VERY carefully. If there is anything you don't understand, check with your solicitor.





Check the section on your responsibility if the property needs repairs and if there any planned, (e.g new roof - ) and the maintenance section. Check responsibilities in communal areas.





Make sure the plans showing your part of the property are absolutely correct. If there is a garden make sure fences and 'rights' are clear. Any grey areas, make sure they are made very clear to you.





If there is anything unclear don't just take someones word for what it is supposed to be - as the saying goes, 'believe nothing, demand proof (in writing).





We got badly bitten when the plans were unclear about the garden. We were told it was shared (didn't get it in writing) - upstairs sold and immediately put a fence down the middle, right through what we thought was a shared pond!!The new house we have put an offer on is leasehold. Is there any advice anyone can give to avoid problems?
http://england.shelter.org.uk/get_advice鈥?/a>





shelter have got some advice on their pages if thats any help
Buy the freehold! That's what we did and we have avoided all the problems that our neighbours have had now that a new management company has taken over the freehold.