Is it worth extending the lease if you already own a share of the freehold on the property?
A friend is planning to sell a flat and I believe there are 70 yrs left on the lease.
She has enquired about extending the lease which will cost circa £400.
Do you think it?s worth extending it before selling?
Is 70yrs left sufficient considering the flat would own a share of the freehold and the next buyer can easily extend the lease themselves?
Would not extending the lease significantly affect the selling price?
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Is it worth extending the lease if you own share of freehold?
3 replies
CEvert · 11/01/2013 09:51
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