Ultimate Guide To Credit Repair

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.

Prefabricated reinforced or concrete Non standard build properties where originally designed as accommodation as a temporary solution to a housing shortage after the 2nd World War.

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.

About 1.25 million (one million two hundred and fifty thousand) non traditional houses were built after the war, which offers a great affordable housing stock for the UK home buyer or investor.

The majority of non standard property are ex council flats, maisonettes, semi detached or bungalows some of the more popular PRC build types are Reema Hollow Panel, Woolawy Bungalow, Wimpey No Fines and waites construction. Enable Finance Ltd provide non standard construction mortgages even if these non standard properties do not have a PRC certificate or have not had structural engineering works carried out.

Non-traditional housing could provide the UK house hunter or buy to let investor a very viable solution. If you are a buy to let investor you will no doubt have come up against the rental yields not stacking up as property prices have soared over the past few years. These properties could offer a solution; 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.