• Rachael Panteney

Thinking of buying a flat?



When you buy a leasehold property, you will only own the property and not the land the property is built on.


There are 2 pieces of information that may affect your mortgage options, so make sure to ask for it BEFORE you go and look at the property.


These are:


1) How long is remaining on the lease;

2) How much is the service charge / ground rent / management charge that you need to pay to the freeholder.


If you are unsure what impact this might have on you, get in touch.


Rachael Panteney

Financial Adviser

Willow Tree Financial Services 01323 436680

rachael@willowtree-fs.co.uk




Willow Tree Financial Services.

A6 Chaucer Business Park,

Dittons Road, Polegate.

East Sussex, UK.

BN26 6QH

01323 436680

rachael@willowtree-fs.co.uk

The value of pensions and investments and the income they produce can fall as well as rise. You may get back less than you invested. Your home may be repossessed if you do not keep up repayments on your mortgage. 
 

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