Expert legal advice for your leasehold enfranchisement transaction
Trying to sell a property with a short leasehold term (usually below 80 years) can prove challenging and costly, so it may be worth considering a lease extension.
Extending the lease of your property can seem like another unnecessary cost, but with lenders less likely to approve mortgages on short leases, buyers unwilling to purchase properties with short leases, and increased premiums on leases under 80 years, it is an investment that could pay off significantly in the long-term.
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0191 568 2050
