Worth buying flat with 15 years remaining?

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    #16
    Very roughly at 15 years remaining the premium to extend the lease will be roughly the same as what the flat is worth with a short lease - these are very crude figures

    I would be surprised that a flat bing marketed for £460k with 15 years will cost £250k to extend - as I said earlier marriage value at this length is not that great and if and it is a big if the government abolish marriage value and there is no change to the deferment rate the premium will drop by around £50k

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