B2L in scotland - Feuhold

[Craigybaby69]

Hi, i've noticed lots of lenders won't lend on freehold flats for B2L....in scotland most flats are feuhold which according to tinternet is closest to the english freehold....so does that make it very difficult to get a B2L mortgage on a scottish flat?

cheers

[Sarnie]

No, you'd just put the tenure down as Feuhold.....

[Craigybaby69]

agreed that seems obvious, but on the post office application for example, bizarrely thats not even an option to select...

[Sarnie]

Have you clarified if they will actually lend on a Scottish BTL flat?

[Craigybaby69]

this is their geographical exclusion list, so I assume so.......

Properties outside the UK. Please contact us if your property is located on any Scottish island except Skye, Bute, Lewis & Harris, Mainland Orkney, Mainland Shetland, Arran, Mull, Islay, Whalsay, Yell, South Ronaldsay, West Burra, Tiree and Unst which are acceptable