Right I plan on selling my house within a few months. It's currently a leasehold property (with 67 years left on the lease).
I've received an offer from the leaseholder to buy out the lease to convert the property to freehold. The cost of this will amount to about £2000 (£1155 for buying the lease plus mine and their solicitors costs!)
What I want to know is - is it worth me doing this before I put the house on the market? I realise it'll probably be easier to sell the house if it's freehold - but I don't particularly want to go through with it if it's not going to make the house £2000 more attractive to a buyer! (i.e. I don't want to lose any cash by doing it overall)
(The house is only worth about £140k)
I've scoured the net but there doesn't seem to be much info on valuations for freehold/leasehold comparisons.
Any experience with this gratefully received.