Publisher's Synopsis
Buying a flat is a popular alternative to buying a house, especially for those entering the property market for the first time. However, the process is far from straightforward and is quite different from house-buying. Then, once you have bought your flat, you may find your problems are just beginning...;This new edition of "Which? Way to Buy, Own and Sell a Flat" alerts you to potential pitfalls. It also examines the rights and responsibilities of flat-owners, particularly with respect to service charges and the landlord-tenant relationship. A typical lease is looked at in detail, and the intricacies of leasehold ownership are explained.;The book also: covers collective enfranchisement and a tenant's right to buy a new lease; suggests what to do if things go wrong; and contains a glossary to make sense of the notoriously complex legal terms. This handbook should arm you with the knowledge you need to make buying, owning or selling a flat plain sailing.