I build companies, write about principles & pick up heavy things | Currently: @zerodownlease_ | Previously: ๐ก Cofounder @WayhomeUK, ๐ National Rugby Player
The new leasehold reforms won't help everyone equally.
Some leaseholders will actually pay more under the new rules.
Whether to extend now or wait depends on your lease length, ground rent, and property value โ not the headlines.
I break it all down here: https://t.co/vNXsAXmCcI
@b1rdmania Also recent case law in England and Wales around use "public" ai tools will freak out some. I potentially see a resurrgance in on-prem open-source to keep information confidential.
There's a number on your lease that, if it crosses a certain line, can cost you ยฃ20,000+ to undo.
Most UK leaseholders have no idea what it is until it's too late.
So I made a video that explains the whole thing in plain English. Here's the short version: ๐งต
That's the short version.
The full breakdown: mortgages, the legal process, what actually delays it, and what to do if you're already under 80; is in the video.
Link in the replies ๐
The government announced a ยฃ250 ground rent cap for leasehold property. Sounds great.
But it's not law yet, it won't arrive until late 2028 at the earliest.
See what this cap means for you:
https://t.co/4yKxSC94cI
10-year prediction: Googleโs dominance gets squeezed from both ends.
I'm going to https://t.co/ZemuOtYbg1 for high-velocity information. For slower nuanced information itโs Claude or ChatGPT.
Search is becoming a two-lane highway.