Hi,
I would be very grateful for some experienced advice on an apartment purchase, which has hit a problem at the lenders survey stage.
The property was purchased off-plan - terms of the contract were 5% upfront, then remaining 5% upon completion.
I am pleased with the build quality, however, i have now hit a snag in that the lender will not lend on the property citing "high risk" and "unsuitable security". In fact, after discussion with my broker, it appears a number of lenders are not willing to lend on the building. I'm trying to locate the exact problem, but