Just watching Homes Under The Hammer. Yet again people buying blind and almost all making profit. The programme never gives detail about the many other costs.I was at an auction Wednesday and there was a house which, unusually was not freehold but leasehold with a short lease, and exceptionally high ground rent, 2 thousand per year. There were a lot of bids and it sold for a ridiculously high price in my opinion ( and I know London prices). I bought one house previously and when we started work found estate agent details offering it at a lower price! Do any of you have stories to share?