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Wrong Estate Agent Advice

richards499 · 2014-02-03 12:09:46

I have given wrong advice by our Estate Agent. we were advised to buy our lease to sell our house as it would not sell as a leasehold property. this we did at over £6k. we had to try to recoup this outlay on selling price, the house failed to sell at the higher asking price. however other house on the same estate have…

Comments

jonesMUFCforever Posts: 28,898 Forumite

10 February 2014 at 7:44PM

A mortgage lender will often look for 25 years leasehold in addition to the term of the loan.

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