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In the UK, this part: > In the UK, usually you negotiate for the occupier to refresh the lease before concluding the sale is a requirement your mortgage lende
by falsedan 8y ago
In the UK, this part:
> In the UK, usually you negotiate for the occupier to refresh the lease before concluding the sale
is a requirement your mortgage lender will impose. Yes, it puts a burden of a few hundred pounds of solicitor's fees + lease renewal to get the leasehold reset when your executors/inheritors dispose of the property.