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Derelict house funding?

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Comments

  • Also am I Correct in saying if the property can be rendered Insurable then only the usual rules apply to mortgage regardless of flood plain, basically does the insurance render the flood plain info redundant to the mortgage company?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Any idea on rough figures of interest,deposit and monthly payments on a bridge of £350k for example?

    Bridging could cost you 1%+ a month.
  • jonesMUFCforever
    jonesMUFCforever Posts: 28,898 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    I think th + should be a + + + at least.
  • Owain_Moneysaver
    Owain_Moneysaver Posts: 11,392 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    if it's derelict are services still connected?

    Private sewerage in particular could be expensive - the regulations have changed recently and a septic tank may no longer be permitted by the Environment Agency.
    A kind word lasts a minute, a skelped erse is sair for a day.
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