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Showing results for tags 'price variation with duration'.
A few curiosity driven hypothetical questions regarding opting to sell a property leasehold.... For houses only what, if anything, is the a standard/generally accepted length for a lease? Is it 100 years? 125? 500? 1000? How does one go about determining an appropriate price if selling a house leasehold? i.e is there some generally accepted 'formula' (based on time, interest rates, equivalent rental yield, etc etc) for arriving at a guiding price OR is it, just like selling freehold, a case of picking whatever price the seller thinks the house is worth and hoping someone will snap it up. Also is there, similarly, any accepted 'formula' for adjusting a selling price in the event that the property is to be sold with an unconventionally short lease (say, for example, 25 years or less as opposed to 100+ years). IF say, for example, a property is priced at £100,000 for a 100 year lease, how much would the price be reasonably be expected to be lowered IF the lease were only 25 years in length? would be interested in any links to any useful websites/resources on this.....