Mortgage lender requirements
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Selling a House with High Flood Risk: What If the Risk Changed After You Bought?
Selling a house with a high flood risk poses challenges, especially if it was initially considered low risk. Homeowners facing flooding must navigate insurance questions and buyer concerns regarding mortgage eligibility. Understanding flood history, obtaining evidence, and consulting specialists can aid in marketing the property effectively and addressing potential buyer issues.
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Japanese Knotweed on the Development Is Stopping Buyers Getting Mortgages
A new-build seller may discover that Japanese knotweed elsewhere on the original development is preventing their buyer from obtaining a mortgage. What evidence can save the sale, and what should have been disclosed when the property was bought?