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Showing results for tags 'mortgagebrokers'.
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Good leasehold title
jitsy posted a topic in Legal AdviceHi All, Has anyone purchased a property with a 'good lease title'? The property we are in the process of purchasing is in the NE and has has a 'good lease title'. Our solicitor seems quiet wary of this and has said this may cause issues for when we are refinancing or selling the property. The vendors solicitors have refused to upgrade the title to an 'absolute lease title' before purchase, we have been advised to get a legal indemnity insurance policy in the unlikely event there is a claim on our lease. Our broker on the other hand has said it shouldn't be an issue refinancing, so we are a bit perplexed. For info, this will be a cash purchase, carry out renovation works to convert to a 6 bed HMO and then refinance. The lease itself has about 800 years left on it. Thanks
Shannon Wani posted a topic in Mortgage AdviceGuten Tag as they say in Germany. I feel I'm ready to start arranging mortgages. I was wondering if anyone knew moderately priced and effective mortgage broker in London. Preferably one that was not affiliated with FOXTONS who stated their fee would be 0.5% of the value of the house ( it would have been £1,750 at the time) Your help would be greatly appreciated. Thanks in advance!