Should landlords have the right to refuse DSS tenants?10:43 AM, 20th May 2019
About 4 weeks ago 124
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?
Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.
Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agentsLearn More