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First time investment questions

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Comments

  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Newuser2019 wrote: »
    Loads of flats sell freehold
    No, they do not.

    Some flats sell with a share of freehold included. But EVERY flat is leasehold.


    So, are we settling on £300k as the non-blighted-short-lease value?
  • Comms69
    Comms69 Posts: 14,229 Forumite
    10,000 Posts Third Anniversary Name Dropper
    Newuser2019 wrote: »
    I took in what you said but i sitll think your being unrealistic. I'm not syaing it couldn;t happen just unlikely and based off of what typically happens in usual scenario, it is a bit unrealistic and i stand by what i said.



    it's not about quesitoning my logic. It;s about reality mate and what usually happens...




    I know it's no skin off your back mate and i don't care.


    Best of luck with your investment, I'm out.
  • Newuser2019
    Newuser2019 Posts: 49 Forumite
    AdrianC wrote: »
    No, they do not.


    Yes, they do! I would send you links to three different flats being sold right now freehold. There's so many i kinda can;t belive you said that but this forum wont allow me to post links yet.


    Some flats sell with a share of freehold included. But EVERY flat is leasehold.


    No. This is not true.



    So, are we settling on £300k as the non-blighted-short-lease value?


    No. it's £94k with it's current 71 years lease length. After auciton who know's what it will go for as that;s specualtion. Rough approximation, let's say £134K? What dyu think? I am knew to all of this.
  • AdrianC
    AdrianC Posts: 42,189 Forumite
    Eighth Anniversary 10,000 Posts Name Dropper
    Ohfertheloveofgawd.

    My cat understands the question better.

    I'm with you, Comms.
  • Newuser2019
    Newuser2019 Posts: 49 Forumite
    Comms69 wrote: »
    Best of luck with your investment, I'm out.


    Goodbye. You were never in btw lol. Nothign yoou;ve said has helped me or taught me anything new. Best if you did go away.
  • Newuser2019
    Newuser2019 Posts: 49 Forumite
    AdrianC wrote: »
    Ohfertheloveofgawd.

    My cat understands the question better.

    I'm with you, Comms.


    I feel i must now say:



    Goodbye. Nothign yoou;ve said has helped me or taught me anything new. Best if you did go away.
  • Alfrescodave
    Alfrescodave Posts: 1,063 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Oh NO don't go. I'm enjoying the discussion and Tipping Point isn't on until 4 o'clock
This discussion has been closed.
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