Old house but ‘new build’

user1977

fatcatonamat said:

Update:
1. The mortgage broker is unable to find another lender.
2. The solicitor called Halifax on our behalf, as a new application, and Halifax's mortgage protection team said that they cannot offer mortgage until the title of the property is split and registered for 6 months.

Even if we wait for 6 months, hypothetically speaking, does that mean Halifax (or another lender) will approve the mortgage valuation.

What do they/you mean by "the title of the property is split"? Is this part of a larger property you're buying?

ReadingTim

Only the lender knows for certain: their money, their rules.  So, you could either wait 6 months and have another roll of the dice, or move on with life and find another property.  Unless there's absolutely no alternative to this place, I think I know what I'd do...

fatcatonamat

@user1977 - yes, one large property split into two dwellings. the two dwellings have been separated with the council, but not at the land registry.

user1977

fatcatonamat said:

@user1977 - yes, one large property split into two dwellings. the two dwellings have been separated with the council, but not at the land registry.

Ok - not sure how they would do the split before selling to you though, I think they can only split by transferring to another party (or I suppose they could just sell the other half first).