Ground Rents Leases Under 80 Years

Are you selling a block of flats where the leases have already been sold and where the leases have an unexpired term of under 80 years? If so we would love to hear from you. We are very keen to buy freehold ground rents where the leases are under 80 years. We can tell you over the phone exactly how much we would be prepared to offer you without any valuation fees and can also tell you how we have arrived at our valuation. Because the leases are under 80 years the value of the building will be more valuable than if the leases were 99 years. We take this into consideration when carrying out our valuation and can explain how this is done.

Of course you can just wait and extend the leases as and when the leaseholders ask for a lease extension but there is every possibility that this will take many years to accomplish. Some leaseholders will not be bother to extend their leases until they are under 60 years which means you could be waiting for another 20 years before you receive any money for the lease extension.

There is every possibility that we could pay you the same amount of money that your leaseholders would pay for their lease extensions but we would give this to you all at once which means that you can have your money now without having to wait for your leaseholders to extend. We would be happy to discuss with you if you would like to get in touch with us.

We have a proven track record of buying these types of properties and can help you with any queries that you may have. We are happy to serve the section 5 notices on your behalf on your leaseholders and are also happy to deal with any queries that your leaseholder may have. We do not charge a fee for this service and can discuss this with you over the phone.