Unusual Homes

If you are buying, or already own, an unusual property, we will be pleased to talk to you about a mortgage.

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 on 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 individual circumstances, please ask for a personalised illustration.

This mortgage will be regulated by the Financial Services Authority (FSA). Follow this link for information regarding Mortgage Regulation.

To discuss your 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.

Your home may be repossessed if you do not keep up repayments on your mortgage