When a leasehold flat or house is first sold, a lease is granted for a fixed period of time, typically between 99 and 125 years – but sometimes up to 999 years. People may extend their lease or buy the freehold, but this can be complicated and expensive and involve legal fees.
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Labour and Tories accused of silence over cuts
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“Middle earners have come out on top, while taxpayers earning below £26,000 or over £60,000 will lose out. The...
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Roblox: ‘We paid off our parents’ mortgage making video games’
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But competition is stiff among top developers on the platform. The firm recently said that more than 1,250 developers...
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UK train services cut due to Covid staff absences
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Meanwhile, c2c’s website says that as well as improving reliability given increased staff sickness rates, the timetable it has...
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Britons told not to stockpile food ahead of January
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Mike Hawes, head of the motor industry’s trade body, the SMMT, said that although it was good the two...
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Holidaymakers caught out by 10-year-passport rule
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“But if you’re travelling later, maybe in the May bank holidays or the summer holidays then you’ve got time...
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Morrisons: Supermarket agrees £6.3bn takeover
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Russ Mould, investment director at stock broker AJ Bell, said the American investors may have considered Morrisons – the...
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Eid celebrations squeezed by cost of living crisis
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She says her community had not been able to celebrate Ramadan and Eid twice over as they’d wish, thanks...
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Talks over £1bn UK port expansion ongoing after row
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Discussions about a London port expansion worth £1bn are ongoing as the government tries to resolve a row with...
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