Finance Question: Cross-lease with older balcony addition
So we’ve had our offer accepted on a cross-lease house and are currently in the conditional stage. The house was built in 1990.
There was a bathroom renovation within the past 5 years, which has a CCC. There’s also an additional balcony/deck that was apparently added around 25–35 years ago. The current owners don’t know exactly when it was built. They only know it was an addition because it isn’t shown on the original flats plan.
The vendors have provided us with a Safe & Sanitary assessment and written retrospective consent from the other cross-lease owner.
We also went to an insurance broker, were upfront about the situation and provided all the documents we were given. We were able to get insurance sorted without much fuss.
We’re now waiting for our mortgage broker to come back to us.
I’m just wondering how likely it is that we’ll be able to get finance in this situation? Is the missing balcony from the original flats plan likely to be a major issue for the banks, particularly given the Safe & Sanitary assessment, retrospective consent and the fact that we can get insurance?
I know nobody here can guarantee what a bank will do. I’m mostly looking for experiences from people who have dealt with something similar, because I’m now sitting here worrying about it!
Cheers for any advice