Tag: Short Lease

  • Case Study: Strategic Product Transfer for Buy-to-Let Property with Lease Constraints

    Case Study: Strategic Product Transfer for Buy-to-Let Property with Lease Constraints

    The Scenario An experienced property investor sought to remortgage a buy-to-let flat in London valued at £450,000 with an outstanding mortgage balance of £289,338. The property is currently rented out for £1,350 per month, providing steady income but presenting unique challenges due to a lease length of less than 70 years. The investor, earning a… Read more

  • Short Lease Mortgages

    Short Lease Mortgages

    Short Lease Mortgages: What You Need to Know Before Buying Purchasing a property with a short lease can be an appealing option due to the typically lower purchase price, but it comes with its own set of challenges, particularly when it comes to securing a mortgage. At Kerr & Watson, we specialise in guiding our… Read more