Unexpired Lease Timebomb: new worries over sale fall-throughs (SEO Estate Agents Tips) (Tips And Reviews)

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A conveyancing body is calling on mortgage lenders to standardise their policies in respect of unexpired lease terms in order to cut fall-throughs.

The Society of Licensed Conveyancers has accused some lenders of changing policies to require the period of unexpired leases to be 80 or even 90 years. 

The SLC says…

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source: Estate Agent Today

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