Chances are that if you have come to our site you are either a buyer wanting to find out more about you should proceed with buying a leasehold property in need of a lease extension. Alternatively you own a leasehold property with a short lease and are either having difficulty in remortgaging or selling your property. In either situation we can help
Even if your proposed lender is prepared to lend on a property with a short lease it is important you understand how the lending market as a whole regards short leases and the need for lease extension and whether they are prepared to lend. For just £5.50 plus VAT the LENDERmonitor Short Lease - Marketability Assessment will show you which lenders will lend where there is short lease (less than 85 years remaining) based on their instructions to lawyers. The report will also show recent trends and well as historic trends over the last 6 years so that you can make a more informed decision.
please click here and complete the details of your leasehold or set out your question and we will pass it on to one of our specialist lease extension panel lawyers to get in touch.
Do you feel as though your lawyer or surveyor should have given you clearer advice when you purchased your leasehold property about the need for a lease extension? Were you given the full picture as to what the lending market generally regarded short leases at the time? As a cost of £25.00 plus VAT the LENDERmonitor Short Lease - Retro Marketability Assessment Report will reveal what lenders minimum lease term requirements were and what their criteria was to lawyers on a specific date. It will also reveal what the trend was in the previous year.
please click here and complete the details of your lease extension requirements or set out your question and we will pass it on to one of our specialist lease extension panel lawyers to get in touch