Should I sell or risk tenants buying at undervalue price?9:08 AM, 25th September 2019
About 4 weeks ago 48
I’ve got my heart set on a property going to auction, which has no bathroom.
I can get a mortgage to easily cover the cost of the property. But the problem being, it’s got no bathroom.
Went to Lloyds, and delved into what their surveyors will pass an approval on, and basically saved £300 on a survey, by finding out prior to ordering a survey, that they won’t pass a mortgage unless it has a kitchen, and bathroom (in no matter what condition though).
Would someone be kind enough to enlighten me as to what products are out there, that would lend on such a property?
I believe The Mortgage Works have just pulled a product which would have covered this?
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