Lexsure Knowledge Hub
Makes available the latest paragraphs for you to consider including in your Report on Title.
text for Report on Title:
ROT: Leasehold: Mortgageability - Context Report (short lease)
Change Date : 18/05/2018 | Word Count: 320 | Deployment Measure : 9/10
Rationale:
Even where the client is a cash buyer or the proposed lender is prepared to lend on a lease with less than 90 years remaining, it is important that your client understands how the lending market as a whole regards the unexpired lease term. By contextualising the issue the client can make a more informed decision as to the mortgageability and therefore saleability of the property