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Unfortunately, while this situation continues, in many cases it may not be possible for affected leaseholders to re-mortgage, staircase or sell their homes.
This is a nationwide issue which is now affecting thousands of leaseholders. We know this includes some of our own leaseholders, and we are sorry for the upset and frustration that this must cause.
If you are concerned that your ability to re-mortgage, staircase or sell your home might be affected by these changes, we would encourage you to speak to your mortgage broker or financial advisor as not all lenders are taking the same approach and you may find another lender takes a different view.