Non Standard Construction Properties Offers Affordable Housing
In these tough economic times where it difficult to get on the housing ladder or awkward to find a property bargain non standard construction properties could offer a viable solution.
Non traditional construction or prefabricated concrete properties where originally designed as temporary housing as a solution to soldiers returning home after the Second World War and bomb damaged properties.
The properties where built by the Local Councils and formed part of the housing stock, when the Right To Buy legislation was enacted by Margaret Thatchers conservative party in the 1980's these houses slowly where sold into private hands as "Right To Buy" exploed in popularity
Valuation Firms will value these properties far below their traditionally built counterparts, as traditional mortgage lenders don't tend to lend on Non standard construction or prefabricated reinforced concrete properties owing to their originally temporary use despite them still being perfectly habitable in the 21st century.
It's estimated that there were about 1.25 million (one million two hundred and fifty thousand) of these types of properties built after the war. Which I'm sure you will agree offers a great affordable housing stock.
Enable Finance Ltd provide non standard construction mortgages even if these non standard properties do not have a PRC certificate or have not had remedial works carried out. The more popular non traditional housing is Reema Hollow Panel, Woolawy Bungalow, Wimpey No Fines and waites construction and if not always tend to be ex local authority flats or houses.
PRC or non traditionally built properties could answer some very simple affordable housing solutions for the UK home mover or professional buy to let investor. If you are an investor you will no doubt have come up against problems when your rental yields do not stack up as property prices have soared over the past few years, make sure you speak with Enable Finance today.
Home movers looking for affordable housing could be very surprised at how inexpensive these properties are especially as the vast majority of the properties purchase prices will be below the government's current stamp duty threshold of 175,000.
Enable Finance Ltd. provide non traditional mortgages on PRC properties in the UK for a free no obligation quote visit it us on line. There will be a fee for arranging mortgages, normally 1% of the advance, subject to a minimum of 1950 and a maximum of 2450. The fee can usually be added to the mortgage amount. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Ask for a personalised illustration.
Non traditional construction or prefabricated concrete properties where originally designed as temporary housing as a solution to soldiers returning home after the Second World War and bomb damaged properties.
The properties where built by the Local Councils and formed part of the housing stock, when the Right To Buy legislation was enacted by Margaret Thatchers conservative party in the 1980's these houses slowly where sold into private hands as "Right To Buy" exploed in popularity
Valuation Firms will value these properties far below their traditionally built counterparts, as traditional mortgage lenders don't tend to lend on Non standard construction or prefabricated reinforced concrete properties owing to their originally temporary use despite them still being perfectly habitable in the 21st century.
It's estimated that there were about 1.25 million (one million two hundred and fifty thousand) of these types of properties built after the war. Which I'm sure you will agree offers a great affordable housing stock.
Enable Finance Ltd provide non standard construction mortgages even if these non standard properties do not have a PRC certificate or have not had remedial works carried out. The more popular non traditional housing is Reema Hollow Panel, Woolawy Bungalow, Wimpey No Fines and waites construction and if not always tend to be ex local authority flats or houses.
PRC or non traditionally built properties could answer some very simple affordable housing solutions for the UK home mover or professional buy to let investor. If you are an investor you will no doubt have come up against problems when your rental yields do not stack up as property prices have soared over the past few years, make sure you speak with Enable Finance today.
Home movers looking for affordable housing could be very surprised at how inexpensive these properties are especially as the vast majority of the properties purchase prices will be below the government's current stamp duty threshold of 175,000.
Enable Finance Ltd. provide non traditional mortgages on PRC properties in the UK for a free no obligation quote visit it us on line. There will be a fee for arranging mortgages, normally 1% of the advance, subject to a minimum of 1950 and a maximum of 2450. The fee can usually be added to the mortgage amount. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. Ask for a personalised illustration.
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Enable Finance are professional UK mortgage brokers who offer a full advice service, for a no obligation quote or to compare best mortgage deals or to find out more information on non standard construction mortgages please visit our site
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