For a buyer looking at a flat that seems attractively priced, getting a mortgage on a short lease flat can turn a normal purchase into a property-and-finance problem at the same time. The remaining lease term can affect valuation, resale prospects, mortgage term and...
You’ve found the place. Offer accepted. Solicitor instructed. Then someone mentions the stamp duty bill and a number arrives that you weren’t quite ready for. It happens more often than you’d think — not because buyers are careless, but because stamp duty sits in that...
For a buyer whose offer has just been accepted, confusion often starts with the mortgage valuation vs survey distinction because both checks can happen around the same stage of the purchase. They are not doing the same job. The lender is deciding whether the property...
A strong company tenant can look reassuring, but a mortgage may still rule out corporate lets before a lease is signed. The issue is rarely whether the company can pay the rent. It is whether the proposed tenancy, occupiers and term fit the lender’s rules for the...
