You are reading a single comment by @hugo7 and its replies.
Click here to read the full conversation.
-
It seems like a brilliant litigation opportunity.
Dunno, suspect it comes down to buyers not understanding what they are buying and the implications, rather than the information being hidden from them. That makes things difficult I'd imagine.
Not saying it wasn't a shitty play by the developers. The Leasehold system is shit.
Howard
@hugo7
Aren't class actions now viable in the UK? Or am I misremembering something?
It seems like a brilliant litigation opportunity.
Solicitors PI will cover costs when the developers go under and I'd bet the developers are also often directors you might have a shot at them via the liquidators.
Given that most people would be happy with a normal freehold plus a few quid there's probably quite a big margin left for CFA.