We have a strong demand for any short lease flats across London and the south-east. If you are selling a flat where the lease has dipped below 60 years we would like to hear from you. We have a long list of buyers that are looking to purchase properties of this nature over the coming years.
If you have a short lease you can either try and extend your lease which may be expensive and time consuming or you can opt to sell the flat as it is. We often find that when all is said and done most sellers are better off selling with a short lease because they do not have the extra fees involved in extending the lease and more often that not landlords can be unreasonable with the premium required for the lease extension.
Of course you can argue with the landlord over the cost of the lease extension but you will have to take your landlord to the LVT and pay for the costs of both parties and any professionals that they enlist for the valuation process.