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Should a flat with a 77 year lease have a reduced price?
It was originally a 99 year lease. The price is good (but mainly because they need to sell) and I don't know about costs / possibilities of extending the lease.
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- knownoutLv 71 decade agoFavorite Answer
Lots are sold with much shorter leases, 15 years or so . Depends on the buyer and their requirements . But 77 years gives you a lifetime if you want it ,, but little value at the end .
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