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Brommers
The flat we're trying to buy has a 67 year lease. Do we get the current owner to extend so we buy with a new lease (security, cheaper now, no legal nonsense for us to deal with now, but we don't get to negotiate the terms), or do we buy with a short lease and extend ourselves later, either mutually or statutorily? The flat below is up for sale, and is in the same situation. I'm not sure if the freeholder would sell (they do appear to be happy to extend) and it seems that as lowly almost-buyers were not even allowed to know who they are or contact them.
We've had a mortgage approved based on the current lease length.