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Buy in building with 'Secure Tenants'

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  • Buy in building with 'Secure Tenants'

    We are in the process of purchasing a property in North London - greater Camden area.
    Beautiful Victorian villa - converted into 3 flats.
    We are now 1 month after our offer was approved and our solicitor finds out that the other 2 flats can never be sold, they are owned by Camden Council which is the landlord of the building and they are really used as council flats.
    So we are supposed to pay the amount you would pay for a Victorian building but move into a building with council flats residents and live in a council-regime building!!
    We are shocked, really angry with the agents which did not share this information and do not know if we should proceed or not.
    Has anyone been in a similar situation before?