♫ On the first (working) day of the new year my true lender gave to me ♫ 📣 Lease Extension Bridging 📣
Properties for sale with a short lease, often less then 65 years are considered unmortgageable to most. In fact most estate agents will state cash only for purchase. The lenders that do consider the properties will often treat similar to land without planning, lending only towards the purchase price at low LTVs due to the uncertainly regarding extensions.
Finanze Capital have come up with a solution to take advantage of this strategy...
