We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Can anyone recommend a lender for building loans? (Buying and renovating a uninhabitable property).
Comments
-
Thanks for that suggestion.0
-
Good shout, I have just read it back and made the assumption that it was an investment rather than the OPs main residence.kingstreet wrote: »BuildStore?I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0 -
It would be worth your while finding out exactly what 'habitable' means. I'm guessing wind and water tight, with loo, running water, electric - but does it mean there has to be a kitchen (and how do you define 'kitchen'? Does it have to be fitted?). You might actually be able to get to 'habitable' relatively cheaply.No longer a spouse, or trailing, but MSE won't allow me to change my username...0
-
trailingspouse wrote: »It would be worth your while finding out exactly what 'habitable' means. I'm guessing wind and water tight, with loo, running water, electric - but does it mean there has to be a kitchen (and how do you define 'kitchen'? Does it have to be fitted?). You might actually be able to get to 'habitable' relatively cheaply.
I understand what you're suggesting (and have given this some thought myself), but the issue here is how I would fund this.
While I probably have enough saved to do the work to make it 'habitable', I don't have enough to do this and buy the property. Unless I'm missing something (which is entirely likely!), this would mean that I would be be paying for work on someone else's property in the hopes that they would stick to their end of the bargain and that I'd get a mortgage afterwards to complete the purchase.0 -
Have a look at BuildStore.
Ecology Building Society is another option for a refurb.I am a mortgage broker. You should note that this site doesn't check my status as a Mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice. Please do not send PMs asking for one-to-one-advice, or representation.0 -
kingstreet wrote: »Have a look at BuildStore.
Ecology Building Society is another option for a refurb.
Will do! And thanks for the second suggestion.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.5K Work, Benefits & Business
- 601.3K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards