What is improper with buying a leasehold home? Photograph: David Sillitoe for the Guardian
Every single week a Guardian Income reader submits a question, and it is up to you to assist him or her out – a variety of the best responses will seem in up coming Saturday’s paper.
This week’s query:
I’m looking to buy a metropolis centre flat that seems to be excellent in every way – besides for 1 factor – it’s leasehold. My mother and father have frequently warned me not to get with a lease, but can’t provide any concrete proof as to why. Are they right – what can potentially go incorrect?
Do you have a difficulty audience could resolve? Electronic mail your tips to funds@theguardian.com or compose to us at Funds, The Guardian, Kings Spot, ninety York Way, London N1 9GU