Leases must have at least 85 years unexpired term on commencement of the mortgage with a minimum of 50 years remaining at the end of the term.
We will accept properties with an extension to the lease, but extensions will need to be confirmed by the solicitor prior to completion and meet the above length requirements.
We will accept applications where a management company is in place. We only accept leasehold properties where the freeholder or management company has no connection to our customers.