mbray475_gmail_com Posted June 3, 2020 Share Posted June 3, 2020 Hi All I need some advice on a property I'm looking to purchase, 1 bedroom maisonette, the lease has 62 years remaining so I'll be buying the property with cash, as its unmortgageable. However I would like to take out a buy to let mortgage after 6 months, as its a investment property and I want as little money tied up as possible. So I need to get the lease extended. The property is a repossession so I won't be able to ask the current owner to extend the lease, I would have to go straight to the landlord and ask if they are willing to extend the current lease. How would be the best way to approach this and is there any reason way the owner of the lease wouldn't want to have it extended? Thanks Matt. Link to comment
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