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I would also walk away.
Short lease that is going to cost you, no parking when you thought it was, and now issues with the mortgage.
Not worth the hassle.0 -
I would also walk away. You won't be able to extend the lease until you've owned the property 2 years so you'd have an 83 year lease left.
I live in a big development of flats, I'm currently selling mine (hence lurking on here all the time) but the other leaseholders are doing a mass lease extension. We're on 86 years and the cost is expected to be c. £15,000 per flat which is apparently quite cheap. On 83 years you could be paying a lot more than that.
Would you be able to find that two years after buying a flat?0
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