Leasehold property : London

Leasehold property : London

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Discussion

LDNrevs

Original Poster:

8,959 posts

205 months

Friday 9th November 2007
quotequote all
I've found an amazing buy in London - 4 bed appartment needs work doing - just what I like; so as to add value to it.. thing is, I'm still uneasy about Leasehold places.. I've stuck to Freehold as best I can so far.

This property in particualr has 84 years left on the lease... a question:

What is the least amount of years left on a lease that you'd be willing to buy at/ with a view to selling on within 2 years. I know 99 years up is standard and anything less than 40/50 becomes an issue and something to barter the sale price down over.

Anyone with any experiences with Leaseholds in London; any nuggets of advice!?

LDNrevs

Original Poster:

8,959 posts

205 months

Saturday 10th November 2007
quotequote all
Thanks for the points guys.