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If you buy a flat with less than 100 years remaning on the land lease is it tough to get a mortgage?

Do banks have a problem with making loans on properties where the lease is less than a ertain number of years?

1 Answer

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  • ?
    Lv 4
    1 decade ago
    Favorite Answer

    Its can be, it depends on the terms of the lease on renewal.

    Usually over 75 years is OK.

    One for a solicitor who has seen the terms of the lease.

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