Hi,
This is off topic so I apologize in advance but I think there might be someone on this forum who can offer mer some advice.
My parents are unfortunate position of owning a leasehold house. They tried to buy the lease a few years ago in 2003 but couldn't afford it at the time. They have enquired again this week and the price has tripled. If they were to pay the asking price it would wipe a big chunk of their retirement fund (which is now available to them).
It seems very unjust and I'm not sure how the figure is calculated or if it's plucked out of mid air. Does anyone have any advice or know of someone who does?
Any help much appreciated.
Thanks Steve
