Short Leaseholds
Frank (PRO Member) Short Leaseholds
Posted: Feb 19 07 13:24
Total Posts: 4
Users Rating: unrated

Hi. I'm looking at potentially buying a fairly shabby central London (SW3) flat for potential refurbishment and quick sale, but the unexpired lease term is only about 45 years. Does anyone have any views on, or experience of, the likely impact of a short-ish lease term on buyers attitudes, and therefore attainable price relative to similar properties with longer leases? I've never bought with less than 75 years on the lease, at which point buyers in this area don't seem concerned, but things may be different with less than 50 years to run. Any guidance much appreciated. Frank

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