I read about those companies that were buying up all the leaseholds from countrywide(?) On their new developments.
Doubled every 10 years.
What starts off at a couple of hundred quid rapidly becomes a couple of grand.
On a 999 year lease it would be £1,743,019,575,313,820,000,000,000,000,000,000 when it comes to expire.
Who has £2 undecillion to spend on ground rent alone?!
I read about those companies that were buying up all the leaseholds from countrywide(?) On their new developments.
Doubled every 10 years.
What starts off at a couple of hundred quid rapidly becomes a couple of grand.
On a 999 year lease it would be £1,743,019,575,313,820,000,000,000,000,000,000 when it comes to expire.
Who has £2 undecillion to spend on ground rent alone?!