News articles – News
Currently, leaseholders who have owned a flat for two years have a right to extend their lease by adding 90 years to its remaining length and reducing their ground rent down to zero. They need to pay a premium to do that.
There are many reasons why multiple generations of a family may consider setting up home together. Life expectancy has increased but so has the cost of care fees which may need to be paid over a much longer period than ever before.