Yes, a short lease can still be sold. The better question is whether selling it as-is or dealing with the lease issue first will produce the stronger outcome. That depends on the length of lease, the likely buyer pool…
Yes, a short lease can still be sold. The better question is whether selling it as-is or dealing with the lease issue first will produce the stronger outcome.
That depends on the length of lease, the likely buyer pool, available funds, timing and the local market. There is no universal answer. But there should always be a deliberate decision rather than a shrug.
Related reading
- How to sell a probate property: a clear step-by-step guide for executors and familiesHow to sell a probate property: a clear step-by-step guide for executors and families/probate-guides/how-to-sell-a-probate-property/
- Leasehold probate sales: why flats are often slower, and how to avoid unnecessary delayLeasehold probate sales: why flats are often slower, and how to avoid unnecessary delay/probate-guides/leasehold-probate-sales/
- What if the property is leasehold?What if the property is leasehold?/knowledge-hub/what-if-the-probate-property-is-leasehold/
- Why are probate leasehold sales often slower?Why are probate leasehold sales often slower?/knowledge-hub/why-are-probate-leasehold-sales-often-slower/
- What if there are service charge arrears or planned major works?What if there are service charge arrears or planned major works?/knowledge-hub/service-charge-arrears-and-major-works-in-probate/
- What if the property is tenanted?What if the property is tenanted?/knowledge-hub/selling-a-tenanted-probate-property/
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