Mr and Mrs M were looking to purchase a new family home which had a smaller cottage in the grounds for a holiday-let. Both properties are on the same freehold title. A purchase price of £565,000 with a loan of required £385,000. The new property is only 10 miles from Mr M’s place of employment who will continue with his job while his wife will oversee the holiday let.
There was only one problem: many lenders don’t accept properties with two kitchens or mixed use.
What happened next? Click here to find out.
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