Search the Community
Showing results for tags 'option to purchase'.
Evening all, I have recently had an offer accepted on a Flat, with an unusual condition attached. This is the situation: Vendor owns all four flats in the building (and the Freehold). He has put all four flats on the market at the same time. The condition of sale for the flat I am trying to buy (FFF) is that he will only sell it if he can sell (at least) two of his flats, because he needs to raise a certain amount of capital to inject into his (unrelated) business. I do not know how much money he needs to raise, but i understand he has a threshold of two flats because of the CGT he w
Help!! Myself and my partner currently own 2 buy to let properties as well as our residential. For years, I have had my eye on a juicy bit of unused land close to where we live. It's sort of tacked-on to a very popular residential estate, and it's just sitting there, totally overgrown and with a fence around it. Finally today I got myself in gear and did a Land Registry search and found out who owns it, and it turns out to be privately owned by a couple who live in the cottage backing onto it. They purchased it back in 2005 and are clearly not using it, so I have a cou