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Why can a mortgage not be obtained on the Halifax property in Park Avenue, Stafford?

The estate agent - Halifax say a mortgage is not available on this property, cash sale only.

Asked on Nov 11 2009, Home Finance in Stafford | Report content

Answers (1)

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  • Usually structural problems, underpinning or no kitchen facilities, some lenders will however be prepared to keep back an amount until work has been done. When they say cash sale they don't mean "cash" as in hand over a bag of wonga, they mean the money has to be organised and ready to go. ;-)

    Answered on Dec 13 2009, Report content

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