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The Acorn Group is London’s largest multi-brand estate agency. We offer our clients the best brands, with the best people, in the best locations.

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Question #23

Q.

What is considered a low lease?

A.

From a lease extension perspective a lease below 80 years is deemed a low lease, as it then becomes subject to Marriage Value. Many mortgage lenders consider anything below 80 years to be a low lease. Some lenders are more lenient, however the rate options available to you will be restricted.

#lease-extensions #leasehold #lease-extension #low-lease #short-lease #lease
#23

Answered by

Silvana Goddard
Lease Extensions
Silvana has over 25 years of financial service and business development experience and thrives in helping her clients increase the value of their homes.

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