Tag: Short Lease
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Case Study: Buy-to-Let Product Transfer with Lease Constraints
Summary We recently helped an experienced property investor arrange a product transfer on a buy-to-let flat in South London valued at £450,000, with an outstanding mortgage of around £289,000. The main challenge was that the property had less than 70 years remaining on the lease, which can restrict the number of lenders willing to consider… Read more
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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
