Which Properties Suit Cash Buyers, and Why

In short: Some properties are hard or impossible to mortgage, so they sell mainly to cash buyers: flats with leases under about 70 to 80 years, non-standard construction, homes without a working kitchen or bathroom, flats above some commercial premises, buildings with unresolved fire safety issues, and homes with structural problems. Cash buyers expect a discount for the risk and the cost of fixing the problem. Fixing the issue first, such as extending the lease, can widen the market and raise the price.