Correct and https://www.lease-advice.org where professionals provide voluntary advice. Most Professionals in any sector give some voluntary advice because most like to help others.
I think it's unfair to call fellow contributors mugs.
Any advice on the question posted will be appreciated.
How does one calculate the premium to buy into the freehold ie allocated 20 shares? Then increase lease period etc.
I'm trying to get to an amicable solution and Directors are also keen to resolve the premium calculation.
The Director /neighbours taking advice from the advisory websites state a valuation of my flat would be the answer. However that would give a premium of £50k. I'm not selling so that's not an option. Any other options would be appreciated.
Cheers
My answers
Hello Matrix,
Correct and https://www.lease-advice.org where professionals provide voluntary advice. Most Professionals in any sector give some voluntary advice because most like to help others.
I think it's unfair to call fellow contributors mugs.
Any advice on the question posted will be appreciated.
Thank you for all the responses!
How does one calculate the premium to buy into the freehold ie allocated 20 shares? Then increase lease period etc.
I'm trying to get to an amicable solution and Directors are also keen to resolve the premium calculation.
The Director /neighbours taking advice from the advisory websites state a valuation of my flat would be the answer. However that would give a premium of £50k. I'm not selling so that's not an option. Any other options would be appreciated.
Cheers
lionofludesch hi,
What do think doesn't look right?
I was advised that this is an accountancy issue.