ASK369: How do I get to the truth of market value? PLUS: I can't remortgage!
The Property Podcast
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Remorgaging a Bicelet
Robin Rob answers your questions about tenancy agreements and remorging. A care company has been renting out a bungalow for three years. The landlord is trying to re-mortgage the property but they want an assured short hold tenancy (AST) Most Bicelet lenders as a default position don't permit any kind of agreement that's not an AST. If you can get around this, it could be possible with some work from a mortgage broker or business development manager at the lender. We'll be back next week with our Property podcast on Thursday night.
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