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so if someones watching this now theyre thinking okay I found a property its a short lease its got you know 60 years left on it price looks silly low compared to everything else thats probably the the lease is so short yeah how do they determine what they need to pay for the extension are they going to be held over a barrel yeah no theres two ways well more than two ways but um first thing you should do is look on Google type and Lease extension calculator yeah normally its my top three youve got um top three or four actually calculators on there Id put in the details in those calculators and take a rough average of those three or four and then I would also the standard formulas that theyll use to work out roughly what yeah payment would be exactly yeah so you put in the government and one of them you put in the end date or release so if its 100 years from now and its two one two three yeah um you put in a current estimated end value with a good lease um you put in the leng
