We are trying to remortgage, but the lenders solicitor has informed us there is a second charge on the property.
The second charge is from the builder who agreed to loan us 20% of the deposit interest free for 5 years. We are still within our 5 years interest free period, but would like a better mortgage interest rate.
The solicitor has said that they can get all the details for a cost. What information do we need to provide from the builder to the solicitor, so we can avoid the extra cost?
The second charge is from the builder who agreed to loan us 20% of the deposit interest free for 5 years. We are still within our 5 years interest free period, but would like a better mortgage interest rate.
The solicitor has said that they can get all the details for a cost. What information do we need to provide from the builder to the solicitor, so we can avoid the extra cost?