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Buying leasehold flat...nothing in sinking fund.

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Hello All,

We are in the final stages of buying a flat. We have been given answers to the standard questions when it comes to the freeholder responding to our solicitor.

Things that could cause concern:

Freeholder can't provide accounts for last three years as property/land only owned for 18 months.

No breakdown of service charge.

There is nothing in the sinking fund..it isn't in credit.

We are being charge £400 to change all leasehold documents.

Should we be worried?

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