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Sandi
10-05-2005, 14:31 PM
Does anyone know a lender who will give a 85% LTV mortgage on a £35,000 ex local authority property?

attilathelandlord
16-05-2005, 06:28 AM
Depends on the flat, how many floors, contruction (brick and tile or concrete) quality etc.

I've got mortgages with Mortgage Express and Birmingham Midshires for LA flats but generally they are four floors or less in height, brick and tile construction in good nick and good locations.

If the building is concrete, forget it.

Tax Accountant
21-05-2005, 17:44 PM
Attila the landlord,

Excuse me for asking, but do you have any opinion or experience of the Ex Local authority properties in London let on 5 year leases to Housing associations ?