Would you buy a flat with a new 99 year lease, if the freehold wasn't up for grabs?

[Rooners]

And if so...what are the potential pitfalls?

I think I have gathered that if the lease drops below about 80 years, no one will want to buy it?

But is the value of the flat going to just decrease and decrease in this case? Rather than going up?

Lovely lovely flat but I am really unsure if it's a good idea or not.

And I can totally see the london aspect too - were I young and carefree then I'd go for it regardless.

But I am old and want to settle down properly and tbh, after years of renting, I really am sick of folks traipsing into my house and doing stuff to it that I don't want them to.

Even if it means forking out entirely for repairs I'd still rather have that control.

Mind you finding something big enough with a garden in a nice road is going to take some doing!