Owning your own home

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stevo_com in reply to @Dammit

Based on a £20k value with zero ground rent, the short one would be about £4k to extend the lease.

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Dammit in reply to @stevo_com

Reckon a bank would lend against it with that short a lease?

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stevo_com in reply to @Dammit

Might be a "computer says no" response, certainly for a mortgage. Might be different if you are just getting a personal loan. I could ask my sister? She works for a mortgage advisor and is training to be one herself.
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duncs in reply to @Dammit

Could you borrow more on the house and buy the garage with that cash?
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amey in reply to @Dammit

a bank

HSBC?

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