Short Lease Mortgage

Short Lease Mortgage

Short Lease Mortgage - Short lease mortgage refers to a mortgage product designed for properties with leases of seventy years or less. A variety of lenders may offer short lease mortgage packages for properties with over thirty years remaining on the leasehold. However, short leases mortgage options for a property with less than thirty years remaining involve a greater level of speculation as to the future depreciation of the property. It is easier to predict whether the borrower may go into negative equity near the date of redemption for long leases short leases. Mortgage providers reflect this in their rates and repayment plans as negative equity may affect the ability of t he lender to sell the property without making a loss on outstanding debts .

We specialise in securing finance packages for short leases. Mortgage products for short leases vary substantially. Locating the right short lease mortgage deal for your needs and requirements can be a difficult process without an understanding of the possible risks involved. Our experience in securing short leases mortgage packages for our clients gives us the edge necessary to find a deal which suits you best. As a premier mortgage broker with expertise in short leases mortgage solutions, we have a close relationship with both niche and High Street lenders. We offer holistic advice, taking into account your individual circumstances. Our aim is to save you time, money and hassle.

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

Call our advisers specialising in short leases mortgage products today. We look forward to taking your call.

 

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