EWS1 update: Lender rejected the letter and we're now stuck with an unmortgageable flat
It would be a shame if that cladding fell off in the middle of the night
Aw shit.
is it worth you/buyer explaining the situation to a broker and letting them do the leg work of finding someone who will lend on it? even if it doesn't work for this buyer it could give you some foresight for next buyer?
on what grounds? the stuff about if a building is above 18m or something is that legislation or just guidance?
Bollocks :( Guess they'll try another lender?
I think I'm in the same situation. Except we just need to remortgage not sell.
What the fuck.
Surely this will be a problem for thousands of people and will need rectifying ASAP to avoid everyone ending up in the same position.
I hope you get this sorted soon.
@deleted started
London Fixed Gear and Single-Speed is a community of predominantly fixed gear and single-speed cyclists in and around London, UK.
This site is supported almost exclusively by donations. Please consider donating a small amount regularly.
EWS1 update:
Lender rejected the letter and we're now stuck with an unmortgageable flat