• Landlord demands £10,000 for lease extension on £260,000 flat.
  • Myleasehold valued premium at £4,900 and refuses to budge.
  • After months of negotiation, landlord drops demand to £8,000, which myleasehold still considers excessive.
  • Myleasehold threatens to take matter to the Leasehold Valuation Tribunal (LVT) which would be costly for both sides.
  • Realizing that their position is unreasonable, landlord finally agrees to premium of £6,000.