Flat Roof House Mortgage

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.

Flat roof house mortgage.

A flat roof will usually need to be replaced every 15 years or so a tiled roof will usually last longer. You may find finding the right mortgage for your specific needs more complex. 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. Yes but you ll need the right advice.

It has a series of flat roofs. It will be a genuine idea to consider the modern flat roof house plans for various positive reasons. Get along with the benefits of flat roof design. My concern is resale.

I am interested in buying an architect designed house that is three years old. 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. This is because some lenders can be more reluctant to lend on non standard construction properties.

Fortunately the expert advisors we work with are whole of market and know who these lenders are. If you have been turned down by a mortgage company on a house with a flat roof get in touch with us today. How restrictive is the mortgage market these days for non standard roofs. We have property in excellent condition with a flat roof and can not find any who will lend on it.

Mortgages for flat roof properties. A flat roof is literally flat and covered with felt and tar. Above all the major benefit is being simple in construction process. 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.

They focus on the importance of flat roof which is their selling theme. We have a large panel of independent mortgage specialists who can search the whole uk market and are experts in placing niche mortgage applications. Thatched roofs need re ridging every 10 15 years and can be a costly investment so mortgage affordability may be an issue. There are a few lenders who will consider a mortgage for a property with a flat roof.

The survey tells me the covering is felt with a 10 15 year life. It has good ltv but we have tried about 4 brokers and at least 10. If your house s architecture is modern then a flat roof home design is basically expected. Can i get a flat roof house mortgage.