Tag: property problems
-
Why did I only discover my flat was freehold when I tried to sell it?
This article discusses challenges faced by owners of freehold flats when selling or remortgaging, particularly regarding titles and lender requirements. It highlights the distinction between freehold and leasehold flats, the importance of clear legal documentation, and the varying lender positions over time. Owners are advised to seek clarity about title issues from their conveyancer.
-
Can Japanese Knotweed Ten Metres Away Stop a Remortgage?
Japanese knotweed, found ten meters from a home, can impact remortgage applications, though distance alone shouldn’t determine the outcome. Factors like location, effects on property, and lender requirements are crucial. Homeowners should verify plant identification, gather evidence, and understand their lender’s concerns to navigate the remortgage process effectively.