Problem Property
-
Buying a Flat With an 80–90 Year Lease: What Happens When Your Mortgage Deal Ends?
A prospective flat buyer is considering a property with an 80-90 year lease and is concerned about mortgage implications if the lease extension isn’t completed before their mortgage deal ends. They must explore various factors, including lender requirements, valuation impacts, and extension funding options, to make informed purchasing decisions.
-
Cladding Remediation Is Complete, but I Still Can’t Sell My Flat
The completion of cladding remediation may not guarantee mortgage approval for sellers, as outstanding EWS1 forms can hinder sales. Key questions regarding funding, completion evidence, and lender requirements remain essential. Potential buyers should gather relevant documentation to address concerns and ensure clarity on any outstanding matters before proceeding with a sale.