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Found 2 results

  1. Hi all, Has anybody ever had a BTL mortgage on a non standard construction house? I'm looking at a Wimpy No Fine house in my area and I really like it but my broker tells me that in her 12 years she has never processed a BTL mortgage on a non standard construction. Is this true? I thought about moving in myself for a few months and then looking to gain consent to let at some point but I'm concerned about being on variable rate with consent to let as if I couldn't obtain a BTL at a later point. PLEASE ADVISE IF YOU CAN AS IM DEEP INTO NEGOTIATIONS AND DEBATI
  2. Hi, I would be very grateful for some experienced advice on an apartment purchase, which has hit a problem at the lenders survey stage. The property was purchased off-plan - terms of the contract were 5% upfront, then remaining 5% upon completion. I am pleased with the build quality, however, i have now hit a snag in that the lender will not lend on the property citing "high risk" and "unsuitable security". In fact, after discussion with my broker, it appears a number of lenders are not willing to lend on the building. I'm trying to locate the exact problem, but
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