We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Want to become a Forum Ambassador? Visit the Community Noticeboard for details on how to apply
Halifax mortgage offer - incorrect lease length
destone
Posts: 3 Newbie
We got our mortgage offer documents from Halifax yesterday through our mortgage broker.
The offer document refers to a lease remaining of 243 years whereas there is only 143 years left according to both the freeholder and the Land Registry.
We pointed this out to our independent mortgage advisor and he said the lease calculated comes from the surveyor and we should not worry about it.
What to do?
The offer document refers to a lease remaining of 243 years whereas there is only 143 years left according to both the freeholder and the Land Registry.
We pointed this out to our independent mortgage advisor and he said the lease calculated comes from the surveyor and we should not worry about it.
What to do?
0
Comments
-
Nothing. Your solicitor will sort it one way or the other with the lender. It's part of the pre-contract enqs, not the mortgage application process.
We get it right when we can, but often the information is dubious at the early stages.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.9K Banking & Borrowing
- 254.3K Reduce Debt & Boost Income
- 455.2K Spending & Discounts
- 246.9K Work, Benefits & Business
- 603.5K Mortgages, Homes & Bills
- 178.3K Life & Family
- 261K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards