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Variation in security

1 reply

Badbudgeter · 17/07/2023 17:13

Anyone sold off land/ outbuildings and can give me an idea of how arduous/ long the process takes.

I have planning permission, a buyer (family member but not a connected person for cgt purposes), a solicitor who dealt with my initial purchase. I need to write a letter to the bank (how old fashioned!) to request they agree to the variation of security.

Family member was offered a mortgage which is only valid for 28 days which I think is nowhere near long enough. Although I don’t think they’d struggle to get another.

OP posts:
johnwilson · 24/08/2023 08:11

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