Forum Message

Topic: Hundreds of years lease is pointless on a tower block
Posted by: Charlie Murray
Date/Time: 12/07/17 22:30:00

Having a lease running for hundreds of years is pointless for a building is pointless as modern tower blocks need to be refitted ever twenty or so years to replace lifts pumps etc etc and are not designed to last even for a hundred years. At some point it becomes more expensive to refurbish the tower block than to demolish it and built anew. So unless the lease is for the land itself to be built on the idea of a lease running for hundreds of years on a tower block owned by someone else is basically pointless.


Entire Thread
TopicDate PostedPosted By
Town Hall to become a hotel????12/07/16 15:58:00 John Murias
   Re:Town Hall to become a hotel????14/07/16 12:14:00 Nick Foote
   Re:Town Hall to become a hotel????19/07/16 15:40:00 Fred Hunt
   Re:Town Hall to become a hotel?11/07/17 15:39:00 Fred Hunt
      Re:Re:Town Hall to become a hotel?12/07/17 11:14:00 Andy Jones
      Re:Re:Town Hall to become a hotel?12/07/17 12:14:00 Terry Freestone
         Hundreds of years lease is pointless on a tower block12/07/17 22:30:00 Charlie Murray

Forum Home