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The latest paragraphs for you to consider including in your Report on Title.

Text for Report on Title

ROT: Remaining Lease Term - Lenders’ Tightening Requirements

Change date
14/09/2022
Word count
148
Deployment measure
8/10
Rationale

Important advice to client contextualising the issue of unexpired lease terms escially where the term is less than 90 years remaining. The paragraph seeks to link mortgageability and marketability. Detailed charts are updated as an option for e-ROT Generator firms only and should not be used unless your firm has an account.

The approach that lenders take towards the number of years remaining on a lease directly impacts your ability to sell or refinance your property.

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