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Mortgage on 2 units

petrabas
Posts: 5 Forumite
Advice needed please.
We offered asking price on a 1930's house 'curently arranged into 2 units'. (work done in 1939). Our sole intention is to make it a family house immediately. All was going well until lenders underwriter suddenly put brakes on it. Only way forward they say is to take out divide and upstairs kitchen before they will lend. Council say no issue with work being done - they would welcome it and no PP needed. Obvioulsy we cant do works on a property we dont own yet.
We were proposing we get the works done between exhange and complete - max 2 days work and approx £3k max - lender says while the used to do this - not any more.
Anyone ever come up against something like this? Would all lenders be the same? any advice/experience welcome as we can feel this house slipping away.........
We offered asking price on a 1930's house 'curently arranged into 2 units'. (work done in 1939). Our sole intention is to make it a family house immediately. All was going well until lenders underwriter suddenly put brakes on it. Only way forward they say is to take out divide and upstairs kitchen before they will lend. Council say no issue with work being done - they would welcome it and no PP needed. Obvioulsy we cant do works on a property we dont own yet.
We were proposing we get the works done between exhange and complete - max 2 days work and approx £3k max - lender says while the used to do this - not any more.
Anyone ever come up against something like this? Would all lenders be the same? any advice/experience welcome as we can feel this house slipping away.........
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