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Buying a lease hold property

If I buy a property with a 49 year lease what happens when the lease runs out?

Asked on Mar 10 2012, General in Bridlington | Report content

Answers (1)

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  • If you are buying with a lender they probably won't lend on such a short lease. You can probably extend the lease but it may be at a price. Unless it is a super bargain I would avoid.

    Answered on Mar 10 2012, Report content

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