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Do this seem fishy.
Comments
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This does sound dodgy, and the figures seem high from my experience.
I live in a flat in a converted Victorian house and there are 5 flats in total. Just before I bought my flat 7 years ago, all the flat owners bought the freehold collectively, so we all own a fifth share of it each. I'm pretty sure that the cost was somewhere between £15-18k, and at the time each flat would have been worth approx £110k, total for the 'house' being £550k.
Obviously, everyone's case is different and I don't know if it's totally different for a building full of flats than it is for houses, but from my experience the figures quoted by those solicitors sound a bit high.0 -
It may be worth your friend & his family contacting these people for advice http://www.lease-advice.org/newintro.htm
It's a goverment funded organisation offering advice on residential leasehold property & associated problems & they may possibly have experience of the predicament your friend has found himself in.The bigger the bargain, the better I feel.
I should mention that there's only one of me, don't confuse me with others of the same name.0 -
Hi Celtic Yob!
Been thinking about your mate's predicament... do give us an update as to how he's getting on.
"He who asks questions cannot avoid the answers"0
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