Said a few pages ago that the first two properties I bought were leasehold flats. There's nothing wrong with the leasehold arrangement as long as the leasehold company don't take the p*ss, which is always a possibility especially with newer properties.
Few simple questions to the agent to ask:
How long is left on the lease? Anything <75 can get people twitchy as there's costs associated with extending the lease
What is the ground rent and how do they calculate the annual increases? Fortunatly this never changed during my four year stay in flats but reads like I was lucky
What is the maintenance/service charge and how do they calculate the annual increases?
With the costs, some agreements have fixed % annual increases, some double every x years (scandal), some are fixed and some are cowboys who can do as they please.