Mortgage on Timber Framed House?

paint

Hello,

I believe the house I've made an offer on is timber framed. You can't tell by looking at it (there's a stone built 'skin' around it so it looks like a normal construction), but I'm pretty sure that the frame is timber.

The property is 25 years old.

Will I have trouble getting a mortgage on this? Also, would I have problems re-selling in future?

Any advice greatly appreciated!

Thanks.

WellKnownSid

We had no problem getting a mortgage on the tudor property we once owned - timber framed with brick infill panels. Now we have a timber frame and stone property - similar age to the first with the old part being about 500 years old and again no problem with a mortgage.

Should imagine something ultra modern as this wouldn't be a problem!

Wh05apk

Generally it will be down to valuers comments, if they feel it is mortgageable, and will still be standing without need for major repairs in 25/30 years then it should be ok, but before proceeding ensure you check the lenders criteria, before wasting any fees.

chalkie99

Google "Fire service timber framed houses" or similar.

There was a wave of publicity last year about dangers not previously realised so it is possible that both mortgage lenders and insurers will have changed their policies since then.

WellKnownSid

We completed in January this year... our mortgage company and insurers had no problem with the timber frame...

I believe the "wave of publicity" relates to city-centre multi-occupancy high-rise timber framed structures... not Mrs Miggins and her timber framed semi, which by definition is already structurally dependant on timber for floors and roof whether it's timber-framed or not.

mark398

Why on earth should there be any problem with a timber frame house? It seems that for new builds over the last 20 years or more this sort of construction has been the norm in the UK. Should be no problem with mortgage or insurance for a "normal" timber frame house.

tangerine2

We had no problem getting a mortgage for our timber-framed house and didn't have any problems selling it. The first prospective buyers were impressed with it. Personally, after the hurricane of 1987 when the place moved in the wind I couldn't wait to get out of our "cardboard house" and move into one with solid breeze blocks and red bricks!

grimsalve

My house is timber-framed - no problem with surveys, insurance, mortgages, or anything. In fact I prefer it.

I wonder if some people might confuse timber-framed with something like a log cabin?

paint

Thanks everybody, that's very reassuring! Much appreciated.