John C. Kirk (johnckirk) wrote,
John C. Kirk
johnckirk

Flat update

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.
Tags: mortgage
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