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Showing results for tags 'guarantee'.
Hi, I bought a BTL property last year via an SPV and paid £500 + VAT for independent legal advice for the personal guarantee. I'm now on BTL no.2 and would absolutely love to avoid being robbed at daylight this time round! Can anyone suggest and London based solicitors (or national ones offering the service via Skype) that can give advice at a reasonable price? Thanks
Hi all, I've had an offer accepted this afternoon but I think I might have a problem getting a mortgage. I had previously spoken to the local council and told them about the possible purchase and they said they would gladly take the property and guarantee me the rent every month directly into my account. Now the problem is the tenants could be a working family or on benefits and I cannot choose who I want in the property. My broker said I have been refused by one lender because it is a rent back guarantee and they will try more tomorrow. Is this going to be a problem going forward?