We are looking at a property which has 97 years of the lease remaining. The agent says this is a good length as the place only started off with a 125 year lease anyway.
I am confused about leases in general - how much does it cost to extend a lease? If we came to sell the property in a couple of years would it put people off buying? Are there any advantages to buying a leasehold property or is freehold/share of freehold always better?
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Can someone explain to me about leasehold and freehold properties??
6 replies
inadreamworld · 21/06/2013 08:02
OP posts:
ISeeSmallPeople ·
21/06/2013 11:13
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