> In the UK, usually you negotiate for the occupier to refresh the lease before concluding the sale
is a requirement your mortgage lender will impose. Yes, it puts a burden of a few hundred pounds of solicitor's fees + lease renewal to get the leasehold reset when your executors/inheritors dispose of the property.
> In the UK, usually you negotiate for the occupier to refresh the lease before concluding the sale
is a requirement your mortgage lender will impose. Yes, it puts a burden of a few hundred pounds of solicitor's fees + lease renewal to get the leasehold reset when your executors/inheritors dispose of the property.