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General (main property discussion here) - Property Lease

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David Horner
Wed 25 Jul 2007
10:51
16 posts

Just wondered if anyone could advise. If buying a lease (leashold) on a flat that has 10 years left to run for 100k, what happens in 10 years, i.e. once the lease has expired and you need another one, could the landlord charge whatever he/she wanted, e.g. 100k? or are you protected by law to have a right for the lease to be "re-lifed" at a modest admin charge?

Regards

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