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I don’t understand the drama. Selling the royal estate kind of defeats its purpose. The people who bought a lease knew exactly what they were paying for, it’s
by jiofih 6y ago
I don’t understand the drama. Selling the royal estate kind of defeats its purpose.
The people who bought a lease knew exactly what they were paying for, it’s not something you buy to “leave for your children”...
- Reason077 6y agoLeasehold is extremely common in UK property. Virtually all properties in multiple-unit buildings (flats/apartments) are leasehold, so “buying a lease” is pretty normal. If the Monarch’s exemption to the normal leasehold laws was secretive and not known to buyers at the time, then it’s a problem.