Standard mortgage > using this to buy a barn with permission

GJUK_2

Hello,

I currently live in a 'normal' house, worth £140k and with a mortgage of £100k.

I'm looking at the options of selling up, and buying a barn with planning permission for around £100k (the barn would be valued at this amount also).

Is it possible that I'm able to use my current 'standard' mortage to do something like this? Or would I need to apply for a different type of mortgage?

Thanks,

Jon

VIGILANT22

Your current mortgage is a residential mortgage.
You would have to apply for a self build/conversion mortgage

GJUK_2

Ah okay, I suspected that might be the case.

Thanks!

Jon