Aug
19
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Mechanics of putting a clause in a long lease – Lender wants a soft charge?

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Morning All, I have a remortgage renewal and the lender wants to take a ‘soft charge’ on the freehold of the building which houses 6 flats.

They say because I am the director of the management company and the long lease holder this becomes necessary.

View Full Article: Mechanics of putting a clause in a long lease – Lender wants a soft charge?

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