2017 set to be the worst year for leaseholders

2017 set to be the worst year for leaseholders, claims leasehold expert and MD of Leasehold Solutions, Louie Burns Last year was the worst year to be a leaseholder in living memory, and the situation for the UK’s 4.1 million leasehold flat owners looks set to be even worse in 2017. That’s the view of  our Managing Director, Louie Burns. … Read More

The reality of ‘virtual freeholds’ is a real nightmare for thousands of flat owners

The owners of tens of thousands of newly-built leasehold flats, marketed as ‘virtual freehold’ properties with 999-year leases, are in danger of losing their capital investment, claims Louie Burns, Leasehold Solutions’ Managing Director. The term ‘virtual freehold’ implies flat owners do not need to be concerned when buying a leasehold property, as the long lease should protect their capital investment … Read More

Why a boom in leasehold flats – for young and old – is causing concern

Daily Telegraph, 16 January 2016 Our MD,  leasehold expert, Louie Burns, offers some advice to anyone considering a leasehold property in this weekend’s Daily Telegraph. “Unfortunately, if you work in many of our big cities and can only afford a flat, you will have no option but to buy leasehold.” If you find yourself saddled with a brute of a … Read More

The truth about freeholders’ dirty tricks!

Leasehold Solutions has several thousand live lease extensions or freehold acquisitions in progress at any one time. On a day-to-day basis we work against the biggest and most notorious freeholders in London and, consequently, have an in-depth knowledge of the tricks the various freeholders use to get the most money from each transaction. Leasehold Solutions’ MD, Louie Burns, has written … Read More

Leasehold Solutions’ Louie Burns discusses maintenance charges on ITV News

Leasehold Solutions’ MD, Louie Burns, was recently invited by ITV News to comment on outrageous maintenance charges levied upon the owner of an ex Local Authority leasehold flat in London E6. Leasehold Solutions’ top three tips to consider before purchasing a property from the council, Local Authority or other social Landlord: 1. Check your lease! Does it contain a clause requiring you … Read More