Thousands of leaseholders who signed informal lease extensions – or bought flats with them – are going to see the value of their properties fall, and the nesteggs they put aside for their old age fall away. This is the greatest scandal in leasehold and it is only a matter of time before it unravels […]
Informal lease extensions are pure poison!
Negotiating with freeholders to get an informal lease extension deal is utter madness for most leaseholders. You can trash the value of your flat with a bargain offer that seems too good to refuse … and for lawyers a quick deal is easy money, with no repercussions (for them). Louie Burns, of Leasehold Solutions, distils […]
