Problem Property
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Short Lease: Extend Now or Wait for Reform?
Waiting for leasehold reform could reduce the cost of extending a short lease, but the remaining term continues to fall. The decision involves cost, mortgageability, timing and legislative uncertainty.
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Estate Rentcharges: The Freehold Charge That Can Put a Mortgage at Risk
An estate rentcharge may involve a modest annual payment, but its enforcement provisions can threaten mortgage security and cause problems during a later sale or remortgage.