Short Lease Mortgages
Short Lease Mortgages - Short lease mortgages are mortgages on properties on which the lease is defined to a certain, relatively short period. Purchasing a property through a mortgage where the leasehold is held by a separate party, as is the case in many blocks of flats and other multiple domicile properties, has its own complications. This makes short lease mortgages a specialist area of the wider mortgage market. Leasehold properties, especially properties with less than 50 years left on their current lease, can be expensive to gain a mortgage for. Difficulty in gaining short lease mortgages depends on the ability to extend the current lease or the cost of buying out the leaseholder of the property. Short lease properties are more prevalent in Central London than elsewhere in the country, making finding the right mortgage broker, with a detailed knowledge of the London property market especially important. This is where Capital Fortune can help.
Our team of expert, professional advisers have many years experience working in the property market in London, and extensively throughout the country. Whatever the specifics of the property you are looking to mortgage and the current length of the lease, we can help obtain the right short lease mortgages for your specific financial situation. Following a detailed fact find in which we research all the relevant information to find the relevant short lease mortgages on the market, we promise to make the application process as easy as possible for you, filling in all the required documentation.
Call our mortgage broker team now on Mortgage Enquiry Online. As part of our service, we will call you back.or complete the