Posted on 25 August 2011 by Linda
Do major lenders give mortgages on properties with a 74yr lease?
In short, yes. Whilst some will insist on a period of say 25 or 30 years remaining at the end of the mortgage term, others are looking for a minimum number of years at the start of the mortgage. The Lloyds Group for instance require a minimum of 70 years. With 74 years remaining I would not normally expect you to have any trouble getting a mortgage.
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