Beckiboo
Active Member
I'd like to pick the brains of the Spotlight massive again! ![Lol :lol: :lol:](/images/icon_lol.gif)
I'm looking to buy my first flat this summer. We've found one that we like, however the lease is only 82 years. I know that if it drops below 80 years it can cost quite a lot to increase the lease.
One way we've been told of getting around this is to ask the current owners to apply for the least, the "start the ball rolling", then we move in and continue the application ourselves.
On paper this sounds pretty straightforward... but I'm always worried about all this legal stuff, what if something goes wrong!
Has anyone got any experience with buying a flat / extending the lease?
Any advice appreciated![Smile :) :)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
![Lol :lol: :lol:](/images/icon_lol.gif)
I'm looking to buy my first flat this summer. We've found one that we like, however the lease is only 82 years. I know that if it drops below 80 years it can cost quite a lot to increase the lease.
One way we've been told of getting around this is to ask the current owners to apply for the least, the "start the ball rolling", then we move in and continue the application ourselves.
On paper this sounds pretty straightforward... but I'm always worried about all this legal stuff, what if something goes wrong!
Has anyone got any experience with buying a flat / extending the lease?
Any advice appreciated