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colleenw

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About colleenw

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  1. I have started seeing a number of people offering Lease to Buy properties, eg, purchase to value of £xxx which is paid by paying a lease of £xx/month. So, essentially, the idea seems to be that you buy the property without needing a mortgage or cash up front, the seller becomes the lender and you pay the purchase price off over a few years. I have so many questions! Is this really legit? One sourcer I spoke to says it is all agreed through solicitors etc, so there is no risk. A first charge gets registered against the property so the seller cannot undercut you and sell the prope
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