Right to extend tenure
Language: English Series: Times ; 25 January 1992, 2 | Daily Telegraph ; 25 January 1992, 2(1)Publication details: 1992Subject(s): Summary: The Government is considering measures to enable people to buy new 99-year leases at market value when their property`s lease has come down to a given threshold, probably 50 years. The move would mean an increase in the value of properties as leases with less than 50 years to run are more difficult to sell.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB2805-42 (Browse shelf(Opens below)) | 1 | Available | 19940-1001 |
The Government is considering measures to enable people to buy new 99-year leases at market value when their property`s lease has come down to a given threshold, probably 50 years. The move would mean an increase in the value of properties as leases with less than 50 years to run are more difficult to sell.