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Vicky Nunes

TPP213: Everything you need to know about leaseholds

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Great episode! learnt loads of stuff that will be really useful. I still have a couple of questions if anyone has any ideas I'd be grateful to hear?

 

With regard to the use of leasehold flats for serviced accommodation use; does this constitute a change of use (i.e. from residential to commercial), requiring planning permission or local authority consent of some kind?

 

Also, with regard to buying the freehold. I recently considered this but was informed that this would seriously limit my lending options so decided against it. Does anyone else have any experience of this?

 

Many thanks in advance,

 

Vicky

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