Leasehold Scandal a Ticking Timebomb

When you see the word scandal you night think of the shenanigans at FIFA, or the greedy MP expenses row, maybe even a Big Brother / Strictly Come Dancing celebrity affair.

However, there’s a serious scandal going on in the UK right now which is costing people who have leaseholds on their properties tens of thousands of pounds.

At least twice a week we come across properties in and around Lincoln with less than 85 years left on their leases. Owners of properties with leases like these need to act NOW.

Why? Well once a lease goes below 80 years it costs significantly more to renew.

It’s a scandal that more isn’t being done to warn, advise and help homeowners affected by this ticking time bomb.

It’s staggering how few leaseholders are aware of the potential problem creeping towards them relentlessly. Many people are unwittingly sleep walking their way to a big and costly problem if they don’t take action.

If you need Leasehold Extension Advice feel free to contact us, we can answer your questions and refer you to reasonably priced legal experts who specialise in this field.

Want to get a SOLD or LET sign outside your property quicker?

Call Chris and our team on 01522 510044 or email Chris.Laughton@mundys.net for honest, expert and friendly advice.

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