Thanks gents most helpful. With regards to a freehold title, what happens as regards checking the seller isn't bankrupt? I have always wondered how this aspect works with auction properties as it is a very important search a conveyencer does when you buy a freehold property via an estate agent.
There is mention of a ‘Mortgageable Term’ when purchasing a Leasehold Property. What is the minimum term that a lease needs to have for the property to be Mortgageable?
![ILLSLICK X YOUNGOHM - We're The same [Official Video]](http://i.ytimg.com/vi/yUJNkobYR0E/mqdefault.jpg)
This channel is criminally under rated.
Really helpful! More tips on what to look out for in legal packs please
Thank you
Thanks gents most helpful. With regards to a freehold title, what happens as regards checking the seller isn't bankrupt? I have always wondered how this aspect works with auction properties as it is a very important search a conveyencer does when you buy a freehold property via an estate agent.
There is mention of a ‘Mortgageable Term’ when purchasing a Leasehold Property. What is the minimum term that a lease needs to have for the property to be Mortgageable?
Squatters have rights? 😂