Very interesting and helpful to hear from those currently in the process. Seems like there is an element of “negotiation” which I would have expected with a private freeholder but was not sure if it would be the same with the council as the freeholder – was hoping that they might just have a prescribed formula.
Still with over 100 years on my lease and not looking to sell the property I don’t have to extend the lease right now, but hoping it might be cheaper to do it now rather than when/if circumstances are forcing my hand. Also, still wonder if anything came of the collective initiative by Leasehold Solutions.
- This reply was modified 2 years, 6 months ago by CLFUSER.