u/No-Connection-5834

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

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u/No-Connection-5834 — 5 days ago