selling a house leasehold

bubbly2000 | 17:14 Sun 28th Mar 2010 | Civil

4 Answers

I own my house but the land is leasehold with approx 60 yrs left on the lease which was originally 99yrs. I am worried that when I come to sell I won't be able to sell because of the short lease, I cannot afford to buy the lease either. Any suggestions????

Garden Access

abusive phone calls

Answers

1 to 4 of 4

Best Answer

No best answer has yet been selected by bubbly2000. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.

-- answer removed --

bubbly2000

Question Author

I didn't think of that, I suppose I could if it didn't cost to much. Thanx anyway

themas

Go to www.lease-advice.org - there is a lot of info there & a helpline you can ring. This is a complex subject - you might have a right to buy a lease extension but valuing it is difficult & something to be done by surveyors who are experienced in that work. It may be that the lanldlord would have to pay the costs - I'm not sure.

bubbly2000

Question Author

thanx themas, I'll take a peek

1 to 4 of 4

Do you know the answer?