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Private loan friend to friend to pay for a lease extension - Page 9

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Private loan friend to friend to pay for a lease extension

edited 8 January at 12:41PM in Loans
82 replies 4.2K views
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Replies

  • LungboyLungboy Forumite
    1.9K posts
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    It is possible. but can get complicated (on the timing of things), the simplest way to do it is extend the lease first, then sell.

    Simplest for who? Not you, you need to get a charge put against the property and get the contracts sorted.
  • chucknorrischucknorris Forumite
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    Part of the Furniture 10,000 Posts
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    Lungboy wrote: »
    Simplest for who? Not you, you need to get a charge put against the property and get the contracts sorted.

    It isn't too much trouble. I am a chartered quantity surveyor and I'm quite familiar with contracts.

    I'm helping a friend, so a bit of effort is OK with me.
    Chuck Norris can kill two stones with one bird
    The only time Chuck Norris was wrong was when he thought he had made a mistake
    Chuck Norris puts the "laughter" in "manslaughter".
    I've started running again, after several injuries had forced me to stop
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