Hello everyone and welcome to Ask Rob and Rob, the show where you get your questions

in and we give you our best efforts at an answer and that format has been running for

a lot of episodes now.

Let's a popular one, so let's continue that road show and remind you how you can get

involved and get your very own question answered.

Yep, Oso simple, give us a call on 013 808 0035 or go to property hub.net slash ask.

Just come up with your question, send it over and you'll soon have your answer.

Let's listen to our first question in from Stephen.

Hi, lads, Stephen here in Lancaster, grip podcast, thank you very much for all the advice

that you give us.

My question is about a house I'm booked in to view soon.

It has 105 years remaining on the lease, so my idea was that if the house is otherwise

good, I could still buy it and extend the lease.

Probably relatively cheaply after two years, so my question is really if a 105 year lease

was the only negative about property, would you still consider buying it?

Thank you very much or to here in your thoughts.

Hey Stephen, thanks for your question and it's a good one because I'm sure other people

have come across this before as well.

You say 105 year lease was the only negative, but I didn't really see it as a negative

because 105 years is still a reasonable amount of time because it wasn't that long ago

that people used to sell properties brand new with a 99 year lease.

You don't see it at these days, but it was pretty commonplace.

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