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  • 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.

  • So depending on how many leaseholders you can get involved it could be a fairly reasonable sum each. Expect it to take a long time to get ducks in a row and paperwork settled.

    Your lease doesn’t change at all if there’s a new freeholder.

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