You could ask for them to ‘take it off the market’ as a condition of your supply, lowering the possibilities of them attracting another buyer (though it isn’t foolproof). Don’t fall for your mortgage lender’s “and you’ll want our life insurance” pitch. We bought a share of the freehold as a result of the freeholder was charging us £1,000/year for buildings insurance coverage. If a sale falls by way of, attorneys will typically cost a fee for work accomplished even when it was the vendor who pulled out.
The long run leases held by foreigners do not come with the …
