Short lease — banks won't lend on it
Sell the short lease. No extension required.
The lease has dropped below 80 years. No high-street mortgage lender will lend on it. Lease extension costs £10,000-30,000 and adds 2 years to your sale. We have buyers who specialise in short leasehold and price the extension themselves.
5 lease-specialist buyers. Average time to offer: 7 days.
⏱ Match in 7 days · Complete in 6-10 weeks
How it works for your situation
- You tell us the current lease length and ground rent.
- We match to lease-specialist buyers who extend the lease as part of their purchase.
- Completion in 6-10 weeks. No lease extension process on your side.
What we'll need from you
- The full address and lease length
- The current ground rent and service charge
- Whether the freeholder is cooperative
What we sidestep (and the standard alternatives)
- Spending £20,000+ on a lease extension to satisfy a high-street buyer
- The 2-year statutory lease extension process
- Mortgage buyers who'll fail at the lease valuation stage
Questions people in your situation ask
What if the lease is below 70 years?
That's exactly the situation our buyers handle. The lower the lease, the bigger the discount, but the sale is still possible.
Will the buyer deal with the freeholder?
Yes. Lease extension is a buy-side concern. You sell the leasehold interest, the buyer does the extension.
What about my service charge arrears?
Most lease-specialist buyers will settle the arrears as part of the purchase. You walk away clean.
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