Share Of Freehold Flat

Share Of Freehold Flat

Share Of Freehold Flat - Share of freehold flat mortgages, refers to a mortgage package specially designed for flats which have a share of freehold agreement. The majority of flats are sold on a lease. A share of freehold flat should not be confused with a freehold flat. In the former, the flats are individually leased, but the leaseholders hold combined ownership freehold of the building, whereas in the latter, the owner of the individual flat owns the said freehold. Share of freehold mortgages are not difficult to acquire, as they do not differ considerably from a standard leasehold mortgage.

Lenders, in recent years have become more stringent in their lending. Many have introduced new conditions for acquiring share of freehold flat mortgages. The range of share of freehold flat mortgage packages available can make it difficult to secure the best deals. The services of a professional mortgage broker may be necessary to assist with this.

Our advisers have experience in arranging mortgages for individuals who whish to purchase a share of freehold flat. As a comprehensive panel of lenders broker, we maintain contact with a range of lenders. This gives us access to some deals which may not be available to our clients on the open market. Additionally, we offer a personalised service for our clients. This allows us to save our clients some of the hassle associated with arranging mortgages, and increases the likelihood of a successful application.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

For expert share of freehold flat mortgage advice and assistance, call one of our advisers today.

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