Episode 24 - Buying and Selling Short Lease Properties

Episode 24 – Buying and Selling Short Lease Properties

05 Nov 2024

Jason Patterson

Podcasts

About this podcast

In my recent interview with Ruban Selvanayagam, I shared insights from my 20+ years in the property industry, focusing on short lease flats. I started out with North London flats, and over time, I’ve developed strategies for extending leases, including understanding key factors like marriage value for leases under 80 years.

I talked about the differences between voluntary lease extensions and Section 42 notices, how to handle freeholders, and the importance of due diligence when buying or selling short lease properties. We also discussed market shifts, including the 2008 credit crunch, and the upcoming Leasehold and Freehold Reform, which could take up to five years to fully implement.

I also shared some tips on scaling through networking and forming partnerships, which have been essential in my journey.

Ready to build job replacing income with property?

Diverse passions plus smart strategies equal big success.

Jason Patterson

His 20+ year property journey includes a genius move: transforming overlooked short-lease homes into profitable units. From Dubai to North London, Jason proves diverse passions plus smart strategies equal big success.

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