Minimum lease term
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Searching for the Right Paragraphs for your Report on Title
More than 400 lawyers used Lexsure’s Report on Title paragraph database last month seeking assistance in drafting this crucial document in the conveyancing process. Firms struggle to find the time to create a firm-wide index of newly created paragraphs to be made available for future use. Lawyers readily admit to me that notwithstanding the constant…
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Will your Borrower Client's Lease Term Accord with CML Handbook Requirements?
Historical short-lease article This article records an Accord Buy to Let minimum lease-term requirement in 2017. It should not be relied upon as a statement of the lender’s current policy. For current practical discussion of short leases and future mortgageability, read Short Lease: Extend Now or Wait for Reform? Historical minimum lease-term requirements can be…