A colleague of mine used the developer’s solicitor buying a flat in a new build. He ended up with one of those leases where the ground rent increases so much over time the leasehold is valueless.
I would have thought so. I'm not sure what he did, but I think his situation was resolved one way or another as the scandal over these types of lease blew up.
A colleague of mine used the developer’s solicitor buying a flat in a new build. He ended up with one of those leases where the ground rent increases so much over time the leasehold is valueless.