Where can I get a mortgage for a ground rent investment?
There is a house in my street containing 3 flats. Each flat is a leasehold with a long lease. I want to buy the freehold and therefore become the landlord of the building. Unfortunately I don't have all the money I need. Does anyone know of any mortgage
You will require a commercial mortgage in this instance although a lot more detail will be required before a lender will even consider your application such as terms of the leases, years left to run, amount of ground rent, history of the current freeholder
Some artists may also complain that, in a theater environment that often feels like a zero-sum game, money and audiences are going toward old fare rather than the sort of ground-breaking work that “Rent” represented in the '90s.