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ROT: Mortgagees and Estate Rent Charges - Warning

Change date
01/05/2019
Word count
105
Deployment measure
7/10
Rationale

Advice to client concerning important UKF Mortgage Lender Handbook changes relating to peppercorn or low ground rents.

Please note that this report is based on the current lending attitudes towards leases where there are peppercorn or low ground rents. There is a possibility that in the future, lenders will not be willing to lend on such properties. More recently some lenders such as {specify lender based on lendermonitor updates} have shown a …

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