Many mortgage lenders have recently changed their lending criteria in respect of ground rents payable on leasehold properties. Because of this, some lenders are demanding that landlords enter into specialist Deeds which revise the original terms of the registered lease, before they will agree to grant a new mortgage over the property.
We are experts in negotiating with landlords and their solicitors and advising in respect of this type of Deed of Variation.
In addition, if the original lease is now outdated or contains inaccuracies, a Deed of Variation may be required to correct these errors. We can offer a fixed fee service to draft such documentation and liaise with the landlord or their representative.
If you would like a quotation for this service, please click on the link below and we will do our best to assist.
"All staff at Ryan Property Law are knowledgeable, professional, reassuring, compassionate and know when to provide extra reassurance through a stressful process. "Nigel & Linda, Newcastle upon Tyne
The Law Society's Conveyancing Quality Scheme (CQS) provides a quality standard mark for lawyers in residential conveyancing is also recognised by many mortgage lenders. We were one of the first firms in West Yorkshire to be awarded the accreditation.