LENDERmonitor ensures conveyancers and solicitors remain up-to-date on all changes to lender policies.
The Mortgage Works Update -Recent Section Changes Change Date: 06/06/2019 | Jurisdiction: England and Wales |
5.14.1- What minimum unexpired lease term does the lender accept? |
Minimum unexpired lease term is 70 years with 30 years
remaining at the end of the mortgage term. |
Minimum unexpired lease term is 70 years with 30 years
remaining at the end of the mortgage term. Ground Rents and event fees must be reasonable at all times during the term of the lease. If you’re unsure … |
To see full details of this change…