Flat Roof House Mortgage

We have property in excellent condition with a flat roof and can not find any who will lend on it.

Flat roof house mortgage.

If your house s architecture is modern then a flat roof home design is basically expected. It differs from a flat or house share because each flat in a multi unit block is self contained and no areas are shared between tenants. While thatched roofs are a risk in the event of fire homes with thatched roofs aren t more likely to catch fire. Above all the major benefit is being simple in construction process.

They focus on the importance of flat roof which is their selling theme. Get along with the benefits of flat roof design. The survey tells me the covering is felt with a 10 15 year life. The strengths of modern flat roof house plans.

This is because some lenders can be more reluctant to lend on non standard construction properties. We have a large panel of independent mortgage specialists who can search the whole uk market and are experts in placing niche mortgage applications. My concern is resale. It will be a genuine idea to consider the modern flat roof house plans for various positive reasons.

You may find finding the right mortgage for your specific needs more complex. If you are interested in purchasing a property that has a flat roof or other characteristics of non standard construction. It has a series of flat roofs. Some people still use sloped roofs on such houses but the clean geometry of a flat roof can really help your place stand out before you build take a look at some flat roofed house pictures and discuss things with your architect.

Mortgage companies will lend on a property with a flat roof many blocks of flats have flat roofs for example however you would need to check with your lender and they may for example insist on a roof inspection. A flat roof will usually need to be replaced every 15 years or so a tiled roof will usually last longer. A flat roof is literally flat and covered with felt and tar. It has good ltv but we have tried about 4 brokers and at least 10.

Can i get a flat roof house mortgage. There are a few lenders who will consider a mortgage for a property with a flat roof. Yes but you ll need the right advice. Lenders are unlikely to grant a residential mortgage on this type of property because there is a risk that you might rent out part of the building which would be in breach of the mortgage terms.

I am interested in buying an architect designed house that is three years old. Thatched roofs need re ridging every 10 15 years and can be a costly investment so mortgage affordability may be an issue. Mortgages for flat roof properties. Fortunately the expert advisors we work with are whole of market and know who these lenders are.