NLC Mortgage Lenders Survey

Mortgage Lenders Survey

This anonymous survey is designed to collect data re mortgage lender's responses to new applications or re mortgages on Leasehold/Fleecehold properties.
The results will be shared with Government to help them understand any issues for leaseholders trying to get an approved mortgage, renew an existing one or sell a property. The survey may also capture issues faced by first time buyers of leasehold/fleecehold properties.
You may complete this survey more than once if needed eg if you own more than one property or you have attempted to buy several properties as a first time buyer.
This short survey should take 10 mins or less to complete.
There are TEN questions.
Closing date is 24th Dec 2024.
Thank you for your help
1.What type of property do you own?
2.Have you been refused a new mortgage on a property you are trying to buy due to the lease or TP1 terms?
3.If you selected "Yes" in Question 2 please state the name of the mortgage provider below.
4.If you answered "Yes" to Question 2 please give the reason for the mortgage refusal (you may select more than one). Please provide more details in the "Other" comments box re the ground rent premium and annual service charges where applicable - This information is crucial please be as accurate as you can.
5.Have you been refused a remortgage on an existing property due to the lease or TP1 terms? (This could be the one you live in or rent out to tenants)
6.If you selected "Yes" in Question 5 please state the name of the mortgage provider below. Write N/A if you do not own a property.
7.If you answered "Yes" to Question 5 please give the reason for the mortgage refusal (you may select more than one). Please provide more details in the "Other" comments box re the ground rent premium and annual service charges where applicable - This information is crucial please be as accurate as you can.
8.Have you lost the sale of your property due to your buyer's lender refusing a mortgage based on the lease or TP1 terms?
9.If you answered "Yes" to Question 8, do you know the name of the mortgage provider? Please insert the name below or write "not known" or "not applicable".
10.If you answered "Yes" to Question 9 please give the reason for the mortgage refusal if known (you may select more than one). Please provide more details in the "Other" comments box re the ground rent premium and annual service charges where applicable - This information is crucial please be as accurate as you can.