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Regarding Shell/Unhabitable Properties

Hello,

I want to ask a question about these types of properties. From what I can gather no bank or mortgage company will lend, is this correct or is a conditional mortgage offer an alternative?

I have seen a property which is in a complete unhabitable condition, meaning that it has nothing in the property. What's the usual circumstance with this scenario?

Thanks

Comments

  • buy it, knock it down and build a new one!
    i buy houses ........... any condition.
  • olias
    olias Posts: 3,588 Forumite
    Self build/renovation/conversion/staged mortgage. You need to speak with a specialist broker. You can get a mortgage, but will need a huge deposit. High street lenders won't touch it.

    Olias
  • RAS
    RAS Posts: 36,587 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    One option might be the Ecology Building Society.
    If you've have not made a mistake, you've made nothing
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