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Not many years left on leasehold?

Hi, I have found a house I like in a spot I want to live in, but it is leasehold and only has around 47 years left, is it expensive now to buy the freehold and does this pricing differ in different locations? Thanks, Jules.

Asked on Sep 15 2015, General in Pontypridd | Report content

Answers (1)

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  • You will find it difficult to get a mortgage on a property with less than 75 years lease. The cost of the freehold will depend on the length of the lease remaining and the value of the property.

    Web reference:

    Answered on Sep 16 2015, Report content

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