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Hi guys. Firstly a huge thanks to you for even reading this and sorry I am a bit of a noob.
My partner and I are looking at buying a flat to let out but we have never had a leasehold property before.
Ive heard some horror stories about leases and I know lenders will only lend in certain circumstances dependant of fee caps etc. One of the sections refers to a £40 fee or such other some that's decided by the lessor which worries me. Would anyone be so kind as to cast their eye over the lease agreement and see if there is anything wrong or obvious that a layman just wouldn't be able to understand? Thanks so much in advance*
My partner and I are looking at buying a flat to let out but we have never had a leasehold property before.
Ive heard some horror stories about leases and I know lenders will only lend in certain circumstances dependant of fee caps etc. One of the sections refers to a £40 fee or such other some that's decided by the lessor which worries me. Would anyone be so kind as to cast their eye over the lease agreement and see if there is anything wrong or obvious that a layman just wouldn't be able to understand? Thanks so much in advance*
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