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@jv is right, 67 years will make it tough to get a mortgage. You can extend the lease as part of the buying process, so you pay the extra £20k or whatever on top of the purchase price and the lease is extended on completion. It's a bit more complicated than a normal transaction, but shouldn't add any delay if dealt with efficiently.
Hefty-
You could try to negotiate that current owner pays the lease extension or at the least contributes. No one else will be able to get a mortgage on it either only a cash buyer and if one of those comes along you're out the game anyway.
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Awesome. I'll chat to the mortgage broker. Thanks guys, appreciate the advice.
jv
ReekBlefs
That might be a bit sticky - it's an ex council block of flats so the entire value of the block would be in the millions. Worth keeping an eye on