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Selling a flat with a section 20 notice

Selling a flat with a section 20 notice can be difficult. Concise buy many types of flats including those with section 20 notices and major works.

  • Your property’s valuation and offer are derived from the sold prices of similar houses in your region.
  • Do you have debts and your unsecured creditors threatening to put charges on your home? We can help
  • Enjoy a completely cost-free sale, without charges for valuations, estate agents, or legal services.
  • We can complete the purchase fast.
  • Do you have loan or mortgage arrears? We can help
  • Select properties offer a sell and rent back option, ensuring continued residence.

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Sell Flat with a Section 20 Notice

Selling a flat with a Section 20 Notice can present additional challenges, as this notice informs leaseholders about upcoming major works that could significantly increase service charges. If you’re looking to sell, it’s important to be upfront with potential buyers about any planned works. Many buyers, particularly those familiar with niche markets such as homes with single-skin walls or flats above shops, may still be interested if the property is priced appropriately and they know the notice. For sellers looking to move fast, you may want to target specialised property buyers equipped to handle such circumstances.

Can You Mortgage a Home with an Agricultural Occupancy Condition?

Securing a mortgage for a home with an Agricultural Occupancy Condition can be more difficult than usual, as lenders may be hesitant to finance properties with restrictions on who can live there. Much like when selling a house near an electric pylon or other high-risk locations, the pool of potential buyers may be limited, making it harder to get mortgage approval. However, there are lenders and buyers who specialise in such properties, and selling to a cash buyer could expedite the process, as seen with timber frame house buyers or short lease flats.

Alternative Solutions for Selling Properties with Restrictions

If you’re dealing with either a Section 20 Notice or an Agricultural Occupancy Condition, working with specialised property buyers can make a big difference. Companies that deal with properties in unique circumstances, such as BISF house buying services or concrete house buyers, often have the expertise to manage the sale without complications. These buyers are used to handling properties with restrictions and can offer a smoother process, just as when selling flats without cladding certificates.

Last updated: January 24, 2025 at 9:10 am

Updated: 16 day(s) ago

Today's date: February 9, 2025

Remaining days in the month: 19 day(s)

Property MetricValue
Equity Release Over 554.69%
Retirement Interest Only Mortgage (RIO) Income Required4.51%
Interest Only Lifetime Mortgages4.61%
Standard UK Residential Mortgage 2 Year Fixed4.42%
Standard UK Residential Mortgage 5 Year Fixed4.29%
Adverse Credit UK Residential Mortgage 2 Year Fixed5.14%
Adverse Credit UK Residential Mortgage 5 Year Fixed5%
Homeowner Loans6.64%
Bad Credit Secured Loans9.75%
Prime Car Finance4.66%
Bad Credit Car Finance7.67%
Average Number of Days for a House Sale to Complete109
Average UK House Price£293800
Average UK House Price Per Square Foot£267.09