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Freehold Flat

  • Lenders Shying Away From Freehold Flats

    Yorkshire Building Society has tightened its mortgage lending criteria by removing a geographical exception for freehold flats in Scarborough, now rendering many such properties unmortgageable. This change is part of a broader trend among lenders to avoid the risks associated with freehold flats, following similar restrictions imposed by major banks across England and Wales.

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  • HSBC panel solicitors to reconsider position on freehold flats.

    Historical HSBC freehold-flat article This article records HSBC’s requirements concerning freehold flats in 2013. It should not be relied upon as a statement of HSBC’s current lending policy. For the seller-focused problem, read Why Did I Only Discover My Flat Was Freehold When I Tried to Sell It? Historical requirements concerning freehold flats can be…

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