Unusual Homes

If your client is buying, or already owns, an unusual property, we will be pleased to talk to you about a mortgage for them.

We may be able to lend up to 75% of the value of the property.

The Society has lent on medieval houses, barns, timber properties, converted mills and lighthouses, cottages in need of refurbishment and properties that combine both a residential and retail/commercial use.

When assessing unusual properties some of the points we consider are:

• The opinion of our valuer, e.g. is it a sensible or an eccentric project?
• Are there sufficient funds in reserve to meet unforeseen problems, particularly if a significant conversion project is proposed?
• Will the project hold appeal for potential buyers in the longer term?
• Will the property be suitable as a main residence or limited to a holiday home?
• Is the project in keeping with its environment?
• Is the standard of construction good enough for the term of the mortgage and beyond?
• Has/Will construction, renovation or conversion be supervised by a professional architect or building surveyor?

Key features of this mortgage

* The actual rate payable will depend upon your client's individual circumstances, please ask for a personalised illustration.

To discuss your client's requirements, either complete our on-line Enquiry form or telephone our Mortgage Department on 01582 765411.

Building insurance cover is required and can be arranged by the Society.