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My profits go through the roof; Buying the freehold of his flat gave Andrew Ventners the chance to extend ... and cash in on the results.
From:
The Mail on Sunday (London, England)
| Date:
November 12, 2006
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COPYRIGHT 2006 Solo Syndication Limited. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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Byline: MARK ANSTEAD
Here's a heartening tale for any London leasehold flat owner who suffers under a landlord's greedy management.
Notting Hill resident Andrew Ventners bought the freehold of his flat seven years ago, allowing him to completely remodel the living space and make nearly half-a-million pounds' profit in the process.
Fed up with slamming doors, filthy corridors and exorbitant bills for maintenance and repairs, Andrew led the five other flat owners in his block to enfranchise, forcing the owner to sell them the freehold. As part of the deal he negotiated ...
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