red devil

There is only a nominal value in your share of the freehold, in the case of my flat it's ?1. By having a share of freehold it could be argued that the value of the property as a whole is increased and would be reflected in the sale price. For example flats with a share of freehold or long lease will cost more to buy than a flat on a short lease. I would assume that as you would hold one of 7 equal shares in the freehold company, that if you were all to sell the freehold to an external freeholder, thus becoming leasehold again, you would each receive one seventh of the price paid for the freehold... ETA: After re-reading your OP, this may not be the case as you are paying a higher % of service charge, therefore you may have to pay 19% of the freehold cost when you come to buy it, and similarly you would receive 19% of it's sale price if it was ever sold. It's these issues that your solicitor who writes up the Articles of Agreement needs to sort out...

That's right, hardly 'a truck load of paperwork'. The OP is one of 7 flats, so we're not talking big numbers here. I'm a Director/Secretary of a SoF for 4 flats, and in the 8 years I've been doing it, I've reissued 2 share certs when there's been a change of owner. Under the Guarantee model an owner selling has to resign in writing first, and the new owner will be accepted to the Company in writing. In comparison that sounds like 'a mountain of paperwork' to me...;-)

worldwiser Wrote: ------------------------------------------------------- > Saves a truck load of paperwork. Such as?...

Ditto. In the SoF I have each share is worth a nominal ?1, this forms part of the Freehold Company's assets in the annual accounts. The % service charge was based on what was stipulated in the original leases of the flats...

Straight into the next round of games as there's a Friday night fixture, plus bonus midweek games, so plenty of points up for grabs. Week 18 fixtures... Friday 30th December 2016 Hull City v Everton Saturday 31st December 2016 Burnley v Sunderland Chelsea v Stoke City Leicester City v West Ham United Manchester United v Middlesbrough Southampton v West Bromwich Albion Swansea City v Bournemouth Liverpool v Manchester City Sunday 1st January 2017 Watford v Tottenham Hotspur Arsenal v Crystal Palace Monday 2nd January 2017 Middlesbrough v Leicester City Everton v Southampton Manchester City v Burnley Sunderland v Liverpool West Bromwich Albion v Hull City West Ham United v Manchester United Tuesday 3rd January 2017 Bournemouth v Arsenal Crystal Palace v Swansea City Stoke City v Watford Wednesday 4th January 2017 Tottenham Hotspur v Chelsea

Week 17 points... Week 17 table...

There doesn't appear to be a standout candidate. IMO Giggs would be a massive risk, he's never played in a relegation dog fight yet alone been a manager in one. I would go for Gary Rowett, recently sacked by Brum for no other reason than they wanted a high profile name like Zola, even though he's been a poor manager up to now. Rowett fits the previous Swansea model of a young progressive manager, trying to play attractive football. If they go down, which I think they will, he will also have the experience of managing in the Championship...

Sunderland (90+1), Chelsea (90+3) and City (90+4)...

3 late, late goals yesterday cost me 6 points. Grrrrrr!!!...

If there's anything worse than a bad loser it's a bad winner. If Trump, Farage, Johnson, Gove et al aren't 'over-privileged' then I don't know who is. You've been mugged off by an elite pretending to be against the establishment. Gold plated lifts and celebratory bashes at the Ritz...true men of the people, yeah right. And if you think Trump is going to address climate change/pollution, you're having a giraffe. When these jokers don't deliver who are you going to blame next?...

Merry Christmas everyone, and to absent friends...hic! *Waves at *Bob*, Mockers and Seany Sean*

That's true, but it would've been much more preferable if it was because it had been through a few planning committee decisions first...:)

Too early for some mulled wine? Nope...Hic!

Manchester bomb in '92, flattened the Arndale Centre near to where I worked. Madchester indeed...

A place full of angry people waiting to get angry about something... :)

When wearing a Christmas jumper meant something...

Quids, how about giving social media the bum swerve in the new year, it's hardly the place for political insightfulness. I liked this summing up of Twitter I read recently... A place full of angry people waiting to get angry about something. Says it all really...

We've all become a bit blas? about manager's and player's comings and goings, but this gave me a real WTF moment from the BBC's european round-up feature... There are reports that Paris St-Germain boss Unai Emery could face the sack after six months and be replaced by former Manchester United manager Louis van Gaal. WTF!...:)

Time for an Elevenses mince pie...

Wooo-hooo!...

Week 17 fixtures... Monday 26th December 2016 Watford v Crystal Palace Arsenal v West Bromwich Albion Burnley v Middlesbrough Chelsea v Bournemouth Leicester City v Everton Manchester United v Sunderland Swansea City v West Ham United Hull City v Manchester City Tuesday 27th December 2016 Liverpool v Stoke City Wednesday 28th December 2016 Southampton v Tottenham Hotspur

Claude is a legend...time to go :) https://twitter.com/AchinglyChic/status/810788544843313153