If you are a leaseholder with less than 80 years remaining on your lease you have to pay a small fortune to extend the lease term.
The amount you pay is complex and is calculated by specialist surveyors.
Attempts have been made to reduce the amount owing - by at least half.
Unfortunately, the Court of Appeal has ruled against the latest move brought in this case.
I have to say I am surprised by the decision not least because the Government has been making noises along similar lines.
Maybe Government intervention is now needed.
In the meantime, make sure you extend your lease before the 80 year cut off.
Campaigners have failed in a long-running legal battle to slash leasehold costs after the court of appeal ruled in favour of a major London freeholder. The case, Mundy v the Sloane Stanley Estate, involved a small flat in Chelsea where the lease had fallen to less than 23 years and the freeholder was seeking £420,000 to agree an extension.