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Anyone had any success in leasehold professional negligence

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Comments

  • cattie
    cattie Posts: 8,846 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    There are quite a few leasehold houses, some quite substantial with prices of £1.5+ million, in my area. They too have 999yr leases, which is considered virtual freehold & they tend to sell pretty quickly with no problem. So if your issue is just to do with the property being held on this long lease rather than straight forward freehold, I wouldn't worry too much about it.
    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.
  • zagubov
    zagubov Posts: 17,957 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 18 February 2020 at 3:42PM
    The only two concerns one would have after finding the duration and rent charge are so favourable are
    - getting permission to make structural changes
    - worries that the term "leasehold" would be as off-putting to buyers as Japanese Knotweed.

    There is no honour to be had in not knowing a thing that can be known - Danny Baker
  • Simpson Miller are taking on very specific cases for a number of people. They have been thoroughly vetted by the National Leasehold Campaign Facebook group. They offer no win/No success fees terms providing your case fits the strict criteria. (Obviously you would need to ensure these terms are offered to you also).
    If you want more info/reassurance then join the above group (NLC)
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