Short Leasehold Property

Short Leasehold Property

Short Leasehold Property - Short leasehold property refers to property sought by individuals to be purchased with a short lease. A short leasehold property may be obtained for a variety of reasons. For example, one when purchasing a short leasehold property will often purchase the land at a cheaper price than they would have the property had a longer lease. However, unless the property is purely for investment purposes, the key to purchasing a short leasehold property is the ability to apply for and be able to obtain a leasehold extension for the particular property.

Due to the risk associated with purchasing a short leasehold property, many lenders throughout the UK may be unwilling to lend to clients purchasing a property with a lease of less that 30-40 years. Since the credit crunch, many mainstream lenders have been more reluctant to lend to all individuals and this includes those seeking short leasehold property solutions. Many clients in the short leasehold property market will often require the services of a private provider of short leasehold property finance.

Using our comprehensive panel international base, our short lease property specialist brokers are experts in placing our clients with the right lender at the right rate but importantly at the right time. Short leasehold property solutions often require a bespoke banking service and customised rates will often be offered to individuals. Using our expertise in the industry, we will be able to guide you throughout your application from initial enquiries until the completion of your short leasehold property transaction. It is our role to gain you the optimum financial result.

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

Call us today. Our short leasehold property advisers look forward to taking your call.

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