Shared ownership lease length
Hi all,
I’m looking at buying a shared ownership (40%). I’ve noticed the remaining length of the lease is 86 years which seems short (property is only 10-15 years old).
Is this likely to cause me an issue in future if/when I sell? Or can I simply staircase to 100% and own the freehold at which point the lease length is redundant? I’m not sure how much weight lease lengths hold with shared ownerships. Hope this makes sense - I’m a FTB so still getting to grips with it.
Thanks
u/No-Connection-5834 — 5 days ago