Is source of funds required for lease extension?

Is source of funds required for lease extension?

Author
Discussion

philv

Original Poster:

3,976 posts

215 months

Sunday 14th January 2018
quotequote all
Is the source of funds proof required by solicitors for residential lease extensions?

Baring in mind that the cost of the lesst extension won’t be known at the start of the process.

Thanks.

williaa68

1,528 posts

167 months

Monday 15th January 2018
quotequote all
Yes they should ask that question but the fact that it is a third party isnt necessarily a problem unless tied to a mortgage or similar. Leasehold enfranchisement is complicated so probably worth getting specialist advice.