10:17 AM, 26th November 2014, About 9 years ago 12
We are ( my husband and I ) are trying to purchase a property which consists of a basement flat and a 3 story maisonette ( a Victorian house that has been converted ).
The 2 properties are self contained. In trying to get a mortgage for each of these properties we are being told that we cannot hold both the freehold and the two leases and that someone else should buy the lease or we should set up a company to own the lease.
Our solicitor cannot see why we have to do this and thinks that the freehold could be in just one of our names. Has anybody had this difficulty before or could anyone explain why we are having this problem?
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