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3 bed semi house leasehold Birmingham.

Is there a simple way to calculate or find out what it would cost to buy the freehold e.g. if house is only 20 years lease, and market value £145,000. What would the cost be to buy FH?

Asked on Dec 17 2015, Home Finance in Birmingham | Report content

Answers (1)

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  • What do you mean by market value? Is that the value with 20 years remaining or the market value of a freehold property of that type in the area. With only 20 years remaining the value of the freehold will be near the market value of the property if freehold. Unless you currently own the lease and have done so for at least 2 years, in which case see link below.

    Web reference: http://www.lease-advice.org/publications/documents/docume...

    Answered on Dec 21 2015, Report content

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