Please HELP ! Getting a mortgage on a land agreement property

homebuyer74

Hi All,
Sorry if this has already been posted but couldn't see.

I am almost at the end of buying a house but an issue has popped up. The last remaining action left before we can exchange

Our solicitor has noticed that the contract is being sold by a developer (Which built the house) however the land is owned by someone else (proprietors), then in turn own half the of the developer company. Its all above board but my solicitor has said she needs to inform the lender that the contract will state it is being sold by the proprietors & developers) as she has stated she needs to tell them.

My question is and ive looked on google that this a land agreement where the land owners get in a building company, they apply for planning , build the house etc then split the money, This saves the land owner form forking out loads of money

Do lenders take a dim view on this ?, It suggests on google that is more and more common as it saves money and helps build houses. but now i'm worried we will loose the house so really looking out there to see if anyone else has seen this or had this issue and been ok ?

hope someone can shed some light

thanks all