Problem Property
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Service Charges: Was the Major Works Bill Already on the Horizon?
A service charge may appear manageable when a flat is purchased, but proposed major works can produce a substantial later bill. What should have been investigated, and what did the mortgage lender require at the time?
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Ground Rent Mortgage Requirements: The Lease Has Not Changed, but the Market Has
A ground rent clause may remain unchanged while mortgage lender requirements move around it. Discover why the relevant lender, transaction date and wider mortgage market all matter when investigating an earlier purchase.