All this talk about leases has got me worrying. Should I extend mine? 93 years left. I estimate it will cost around 7k all in. I might sell the flat in 2-3 years, I might keep it a lot longer. It will shortly be a BTL. Will say 90 years scare off first time buyers?
First time buyers won't be able to be fussy about leases. If you're in a block of flats it's much cheaper for everyone to renew at once. We only paid ~£600 to get a 999 year lease done.
All this talk about leases has got me worrying. Should I extend mine? 93 years left. I estimate it will cost around 7k all in. I might sell the flat in 2-3 years, I might keep it a lot longer. It will shortly be a BTL. Will say 90 years scare off first time buyers?