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Stelling leasehold garage
Comments
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I'm surprised the buyer is willing to proceed on that basis tbh. They will have to pay for the garage or will have the same issue when they decide to move/sell in the future. But good news for you all the same!
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It wouldn't have been a problem for us if the buyers solicitor had checked the lenders requirements ages ago (the solicitor was convinced that the mortgage wouldn't go through so wouldn't even ask the lender). As long as there is sufficient value in the house to secure a mortgage on they hopefully won't have the same problem down the line. I agree that the best solution for the buyers is to own the freehold but they can still buy it if they really want to. I guess like with all leases it will be someone else's problem when it does finally run out.0
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