you'd be paying all 3 bits of the statutory equation
which is based on the market value of the flat. plus you have to pay the landlord's legal costs.

it does suck. the only thing is that it is usually reflected in the purchase price by the time you get below 80 years. eg i saw a stunning flat in south ken when i was looking; it was only £500k for a 3 bed top floor flat with a terrace. i sniffed a rat. a giant stinking sewer rat. sure enough, foxtons admitted sheepishly it had 7 years left on the term. valuer estimated cost of extending for another 90 years to be £1,500,000. so basically... a £2M flat.
( rachelswipe with a fork, Fri 11 May 2012, 14:10, 1 reply, 12 years ago)

For the porridge wogs amongst us...
..speak English woman.

What is this fucking lunacy?

Up here, you either buy a house and it's yours forever, or you rent. It's not fucking difficult.
(Reverend Fister "a disciplined fuckwit", Fri 11 May 2012, 14:19, Reply)

technically, the queen could still take it off you, jock

( rachelswipe with a fork, Fri 11 May 2012, 14:34, Reply)

It sounds like a load of old bollocks to me
I hope she carks it soon, for your sake.
(Reverend Fister "a disciplined fuckwit", Fri 11 May 2012, 14:36, Reply)