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WHEN IT’S GONE IT’S GONE

  • Writer: Barry Passmore
    Barry Passmore
  • Jun 17
  • 1 min read

All previous attempts at retirement having failed miserably I am now resolved to the reality of working until I die, albeit at a significantly reduced pace as befits my seniority (decrepitude).  I believe they call it semi-retirement.  Whatever you may call it there will be some very worthwhile benefits to be had for any astute flat owners wanting to extricate themselves from their leasehold woes and here are just a few of them (benefits not woes):

 

  1. For the past 20-odd of my 40-year professional career I have done little else other than leasehold enfranchisement work and so I know very well how this particular game is played.

  2. My fees are low and lower still because I no longer charge VAT.

  3. Clients can choose their fee option whether it be fixed or performance-based (ie. no gain, no pain).

  4. I operate a ‘no-nonsense’ negotiation strategy designed to nullify insofar as is possible the landlord’s inherent Delaforce advantage.* 

  5. I COMMUNICATE.

 

*As regards benefit 4 your leaseholder clients will be unlikely to fully appreciate what I am referring to here.  Unless that is they may have suffered the extended and costly purgatory of an adversarial lease extension on some previous occasion.   Please note also that I am, generally speaking, more than happy to pick up a negotiation case at the section 45/21 stage even though I may not have been instructed in the initial valuation.  This, after all, is where it is all gained or lost.

 

Keep me in mind?  My guess is that your leaseholder clients will thank you for it.

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