Owning your own home

You are reading a single comment by @Howard and its replies. Click here to read the full conversation.

•

Howard

Isn't there legislation to force freeholders to sell to residents at an affordable rate?

•

NickCJ in reply to @Howard

Collective enfranchisement (but there are situations where you don’t have that right)
•

Sumo in reply to @Howard

They've set it at 240k or the sum of the ground rents x 24, whichever is lower. I think there's 55 flats so I think they've worked them out to be the same £. No idea why it's 24 x the ground rent.

About

Avatar for Howard @Howard started