Minimum remaining lease at application
Our standard acceptability
Indicates the minimum required lease remaining at the date of application we can potentially accept. For example,
The minimum unexpired term of the lease needs to be 55 years at application.
We can consider shorter leases where the purpose of the remortgage is to extend the lease on completion.
The society requires a minimum expired lease of 50 years at the end of the mortgage term. Our minimum mortgage term is 5 years.Criteria categories :
- Flats and Apartments
29 August 2018