Quote:

We never had the option of buying the freehold. Checked every piece of paperwork we had with a fine tooth combe.




Again not mentioned in any of the documents we had. We got our rent increase removed because it was nowhere in the documents. But it is something to be aware of!




Housing Act 1985 grants the right to buy FH. The Lease is the main title deed, your conveyancer would have had sight of this and it would have ended up with your bank for security under a mortage, this deed would contain Staircasing Provisions to purchase further shares, here also would be mention of final share purchase and option to buy FH.
Rent increases are also written into the terms of the Lease, usually states so much for first X years, so much for next X years........based on a statutory formula, they can not be anywhere else.

You would have executed the original lease and copies are available from various sources.

Would be a standard form of SO lease as set by the law society.

All in the past now, some bad times there.
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