Buying a leasehold home or flat can mean paying too much for routine work, or a battle with your managing agentA studio flat in Hastings, East Sussex, seemed the perfect investment for her two children when Sue Sammes was left a small inheritance seven years ago, but she’d unwittingly entered the murky – and expensive – world of leasehold property.For the first 18 months, Sammes, 50, was delighted with her purchase, which was a studio in a house converted into three flats, worth between £59,000 and £80,000 each. Continue reading…
Source : theguardian.com
Read more…When leasehold property takes a grip on your finances















