NON-STANDARD PROPERTY MORTGAGE

Yes, we specialise in helping clients secure mortgages for a wide range of non-standard properties. We understand that these properties require a specialist approach, and we have extensive experience in this niche market.

A non-standard property is typically one that deviates from conventional brick and tile construction. This can include properties with unusual building materials (e.g., concrete, timber frame, pre-fabricated), unique structures (e.g., thatched roofs, listed buildings), properties with commercial elements, or those with unique land or occupancy restrictions.

It can be more challenging than for a standard brick and tile home, as fewer lenders are willing to offer mortgages on these properties, and the lending criteria can be stricter. However, it is certainly not impossible, especially with expert guidance.

Key factors include the construction type, the age and condition of the property, its location, any unique features or restrictions, and the lender’s individual risk assessment. Your personal financial circumstances, such as income and credit history, will also play a role.

Deposits for non-standard properties can sometimes be higher than for standard homes, often starting from 15% to 25%, depending on the property type and lender’s requirements. However, this varies greatly, and we will work to find the best terms available to you.