Tag: Renters Rights Act
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Demystifying Mortgage Rules: Why “Onerous” and the “Renters’ Rights Act” Both Matter
When it comes to leasehold conveyancing in the UK, your conveyancing solicitor will inevitably encounter Part 2 (P2) of the UK Finance Mortgage Lenders’ Handbook. Tucked away in these instructions is a single, heavily loaded sentence: “Ground Rent must not be onerous and must adhere to the Renters’ Rights Act.” At first glance, this feels…