When buying a propriedade we are always asked as to the difference between a freehold and a arrendamento property. This is especially applicable to first time compradores. In this article we vontade look at the different types of residencial properties you can invest in and potential issues that may arise.
Um imóvel pode ser propriedade plena ou arrendada.
Propriedade em regime de propriedade horizontal
Uma propriedade em regime de propriedade perfeita dá-lhe a propriedade total da propriedade e do terreno onde esta se encontra. Não há terceiros que façam a manutenção da propriedade. As casas autónomas são geralmente propriedade livre. Este tipo de propriedade é geralmente preferido devido ao facto de não haver envolvimento de terceiros.
As freehold type properties are the oldest types usually there are old title deeds referred to in the register which refers to covenants that you must comply with i.e. right of ways granted to third parties over the land which your property is situated on. This can also be applicable to leasehold properties.
Propriedade arrendada
A leasehold property allows ownership of the property for a fixed period of time i.e. 99 years or 125 years. Leasehold properties were introduced to get more people in the property ladder. Purchase of leasehold properties increased more and more in the construction of flats.
You will have an agreement with your landlord, usually known as the freeholder, called a “lease”. This document will tell you how many years you will own the property. The lease will also conter rights and obligations which you must comply with. For example, in leasehold flats the freeholder will be responsible for maintaining the common parts of the building i.e. hallways, roof and walls.
There will also be restrictions on what sort of works you will be able to do in the property and prohibition on subletting or owning a pet. When the freeholder intends to carry out work to the Building it will issue you a notice of this and the cost of these works will be covered by you and the rest of the leaseholders through a Major Works statement, payable in instalments. You will be liable to pay for ground rent to the freeholder and service charge for the maintenance of the common areas of the building which the flat is situated in. Please take extra cautions when deciding to purchase leasehold property and make sure your Solicitor explains how ground rent and service charge will be payable as in the recent years we have seen onerous clauses. This can mean that if you are not careful you may be liable to pay ground rent which doubles every 5 to 10 years meaning that you are paying ground rent like rent. Once the ownership of the property comes to an end the property will need to be returned to the landlord. When the lease term is usually in the region of 90-70 years remaining a leaseholder will make an application to the landlord to extend their lease for a premium. In most circumstances, the property is not returned to the landlord and the lease term is extended.
Algumas propriedades são anunciadas como uma parte do título de propriedade. Não parta automaticamente do princípio de que este facto lhe confere o título de propriedade plena sobre a propriedade. Isto significa que os proprietários das propriedades arrendadas compraram o título de propriedade ao proprietário e todos eles possuem uma parte do mesmo. Possuem as suas propriedades como propriedade arrendada e uma parte do edifício e do terreno que está na propriedade. Uma vez adquirido o título de propriedade, os arrendatários concedem normalmente um contrato de arrendamento de 999 anos a todos os arrendatários. Normalmente, a manutenção e a reparação do edifício são tratadas pelos arrendatários, que decidem eles próprios as reparações e as pagam em partes iguais. Por conseguinte, não há taxas de gestão a pagar à sociedade de gestão.
Além disso, também terá uma parte nas áreas comuns do edifício, ou seja, telhado, paredes, escadas, corredor e será responsável, juntamente com os outros arrendatários, pela manutenção dessas áreas. Para além disso, terá de fazer um seguro do seu apartamento e das áreas comuns do edifício.
You may also come across a property that is not registered. It will be compulsory for you to register the property on completion of the transaction. An unregistered property does not mean that there is a problem. It merely means that there has not been a transaction to trigger an application.
The complicated part with unregistered property is that you will need to produce the physical title deeds or if these are lost you will need to provide evidence to the Land Registry explaining why the deeds cannot be produced and the person claiming to be the owner is the true owner. These should not prevent you with purchasing an unregistered property if such opportunity interests you.
When buying a property along with the purchase price you should take into consideration the related costs and these include:
- Honorários e despesas de solicitadores
- Stamp duty
- Taxas de registo predial
- Taxas hipotecárias
- Custos amovíveis
- Estate agent fees (payable by the seller)
- Custos de remodelação e renovação
- Custos de gestão da propriedade se decidir nomear um gestor de propriedade para gerir a sua propriedade
Se isto lhe parece complicado, tenha a certeza de que, se estiver nas mãos de um Solicitador Imobiliário experiente e profissional, não precisa de entrar em pânico ou hesitar na compra de uma propriedade no Reino Unido.
If wish to discuss the contents of this article or have any queries, please contact Real Estate solicitor Berivan Erdogan at B.Erdogan@rfblegal.co.uk.
(Atenção: This article was originally published on our previous website and is provided for general information purposes only. While it reflects the legal position at the time of writing, the law may have changed since publication. For up-to-date advice tailored to your circumstances, please contact our team.)
