Are you looking to buy a flat, either for your own use as a home or as a buy-to-let investment? Flats including apartments and maisonettes are generally sold on a leasehold basis, and the length of the remaining lease has a big impact on the property value. The price of a short lease property, therefore, may be appealing. However, before you go ahead with the purchase of a short lease flat, it is highly recommended that you do your homework to fully understand the legal and financial implications you are taking on. Read this GUIDE to buying a flat on a short lease and if you have any questions, contact us for further advice.