Shingles settles: £200,000 below client’s initial offer!

This year, in what must be a first for the central London leasehold market, I secured a settlement on a client’s leasehold extension that was not only £1.8 million below the landlord’s starting price (a saving of almost 36 per cent), but almost £200,000 below my client’s initial offer.

For all my clients, I leave no stone unturned to reach the best possible settlement, but this case was extraordinary even for me. The rare – possibly unique – result was achieved because I pursued, doggedly and rapidly, evidence that other valuers would not have been able to produce. (more…)