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  • The third leaseholder is saying it's completely pointless and a waste of (fairly hefty) solicitor fees as future mortgage lenders won't care about a short lease length if the freehold is also included. Thoughts?

    I think this depends how the freehold is distributed among the other flats. I'd have thought that if the freehold is owned a third each then two freeholders could potentially outvote teh other one and decide to charge a premium for lease extension. If the freehold is held in trust this view may be more understandable as a trust is unlikely to be a dick for no reason, but I don't think it's reasonable to say that mortgage companies won't care about a short/expired lease. Is it worth having a chat to Lease about it? It feels complex enough that that would be justified.

  • He's just now said it's fine for us to go ahead if we want, he just thinks it's "absolutely pointless".

  • Tell him to put his gaff on the market and try and sell with a 60 year lease and SOF, see how he gets on.

    He might think it's pointless, buyers' solicitors and mortgage providers will alway think otherwise about anything that looks stupid / weird

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