Help needed folks please: mate of mine owns ( on mortgage) a flat in a three flat house conversion. A regular firm of estate agents have proposed that he pays one third of the fees to buy the freehold , they own the other two flats 85 year leases all around . The also propose that they give him 38 grand to move out and buy another place in the area. He will still own the flat,they will rent it to the uni students and send him x part of the rent . On paper he gets the deposit to buy sat a 130 grand place , and he gets rent from the flat he still owns. WHERES THE CATCH ??