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Mortgages for high-rise flats...
dearjay
Posts: 1 Newbie
This is something I was completely unaware of so I thought I'd bring it to people's attention, especially first-timers like myself:
I'm buying a new build flat in the 4th floor of a 9 storey building and whilst researching mortgage deals I found out that the number of storeys in the building meant that not all mortgage providers would consider me.
Egg for example will only give you a mortage on a flat in a 6 storey building. Co-op will mortgage up to 10 storeys with lift, and 4 storeys with no lift.
I'm buying a new build flat in the 4th floor of a 9 storey building and whilst researching mortgage deals I found out that the number of storeys in the building meant that not all mortgage providers would consider me.
Egg for example will only give you a mortage on a flat in a 6 storey building. Co-op will mortgage up to 10 storeys with lift, and 4 storeys with no lift.
0
Comments
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Hi dearjay,
Apparantly the fire risk and thus the possibility of personal injury goes up. Blame the statisticians!
We may be able to help if you are still looking.
Regrads,
Alex0 -
Faster Loans
I suggest you change your signature as it is blatantly touting for business and against site rules. This has been reported to the forum moderators who will not doubt speak with you on this matter. desperate or what? everyone else report this poster and have his user ID banned!I am a Mortgage Adviser
You should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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