Why choose us to buy your short lease flat
Opting for Property Escape to buy your short lease property will guarantee you a hassle free, fast sale. The average estate agency sale time of 19 weeks can be totally disregarded. You can expect to have your flat sat in an estate agency window for an eternity as they are simply not best placed to deal with properties riddled with problems.
In a matter of weeks you can offload your property should you chose to use our fast buying property services. We are experts in the field of buying properties with short leases, unlike most we don’t need you to write to the freeholder to ask the cost of extending. Contact us for a same day offer!
What do I need to do?
Call us at 0203 916 5960 and speak to our professional sales team. We’ll answer any questions you may have in regards to the sales process.
Sell your flat with a short lease
Once the lease length on the property you own is below 80 years unexpired you’re putting yourself in a precarious position. The value of your asset will begin to tumble and the short term will have an impact on its saleability.
Your property will become unmortgageable with lenders steering well clear of such properties. This is in tandem with buyers looking elsewhere. Purchasing your property will result in significant extra costs for the buyer who will have to extend the lease as the cost gets greater and greater.
The issues of owning short lease properties and putting off extending are as follows:
- Your property becomes tricky to sell on the open market.
- As time goes by your flat will fall further in value.
- As time goes by the cost of extending your lease will increase.
Property Escape can alleviate all of the stresses that come with short lease properties. As experienced freeholders we have what it takes to tackle such issues and can provide you with a guaranteed cash offer for the flat or maisonette in question. Regardless of the lease length we buy such properties swiftly and hassle-free.