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@Trunkie
On saturday I'm going to view a flat with only 67 years left on the lease. I don't yet know why it's slipped so low and apparently the landlord hasn't looked into the cost of extending, although the estate agent reckons it's be in the region of £25k to extend it. I'm thinking it'll more likely be £40k. My mortgage advisor has said there shouldn't be a problem (which surprised me). Beyond bargaining very hard, what are the poignant things I should be aware of with such a property?