There are 8 flats who own a limited company that deals with the maintenance of a block of flats
7 of the 8 flats now want to purchase the freehold. Can this be done with the sale limited company but with a different class of share? My feeling is that they will need a new limited company for this
Also presumably the shares would be purchased at a premium, depending on the cost of the freehold and associated costs. As opposed to shares being purchased for £1 and then having shareholder loan accounts?
Thanks in advance