Short Term Lease Mortgages
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What is a Short Term Lease Mortgage?
Short Lease Mortgages apply to properties that are deemed to qualify as having a short lease. Lenders will consider a property with 70 years of lease remaining or less even a shorter lease however this will vary from lender to lender.
Some lenders will consider mortgages for properties with leases as little as 11 years remaining.
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