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Flat update - John C. Kirk — LiveJournal

Feb. 25th, 2004

12:58 am - Flat update

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I've now arranged an electrical test, so that will be happening this week (the estate agent did tell me which day, but I forgot to make a note of it). And apparently the vendor has fixed the leak, so that's good.

Got a copy of the lease agreement from my solicitor today - there's some really dull legalese in there (with RANDOM words capitalised), so it's taken me a couple of hours to wade through it, but it basically looks ok. One amusing phrase: "A right to enter with servants workmen and others". You don't hear the word "servant" much nowadays... One scary aspect of the property boom: this lease is dated January 1985, and the original purchase price for the flat was £23,950. By Jan 2004, the price was £99,950. I rather doubt that all of that was due to DIY. And one interesting clause - the annual ground rent is due on 25th March each year. So, that gives the vendor an incentive to be out by then (so that I get stuck with this year's bill). It's only £50, but it may help to speed things along a bit, which is good.



[User Picture]
Date:February 24th, 2004 07:07 pm (UTC)
I like to think of contracts as being like computer code - the weird phrases are there because some odd legal case 200 years ago means that you have to specify [thing] or it isn't included.

The canonical online reference is here.
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[User Picture]
Date:February 25th, 2004 04:59 am (UTC)
Were the capitalized words REALLY random :-) ?

Servants, unfortunately, are still quite common in India.
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[User Picture]
Date:February 26th, 2004 06:53 am (UTC)
Just make sure your solicitor okays the lease agreement.. there might be hidden code words in there that indicate you have to turn in one vital organ every time your mortgage payment is late, or something.

*hugs you*
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