Mortgage Lender needs PRC certificate

Petite_Galloise

Hello all,

I bought my house two years ago, at which time I obtained a mortgage from Barclays Bank. The house is Cornish Type construction which was repaired by the Council in the 1990s I believe. At that time the owners were council tenants and were not provided with the PRC certificate that certified that the repairs had been done in accordance with the legislation.

I have recently applied for additional funding for home improvements from Barclays and been told that they will not lend money without this PRC certificate. They have suggested the following :

“The applicant should query with the local authority to establish whether PRC repairs were undertaken satisfactorily and if a retrospective PRC certificate could be made available to comply with policy as there is insufficient detail in the SER to identify any specific PRC repair work. Without one our lending risk is exposed and renders the property un-mortgageable. It would be unwise to provide further lending support to the applicant in these circumstances without the correct certification paperwork in place.”

The Council that did the repairs no longer exist so I can't ask them. The PRC was not included in the deeds either so I don't think it was originally issued.

Does anyone know a lender who will lend on a repaired Cornish property without asking for the certificate (which was never issued, I don't think) ?

Thanks

stator

No, I don't think you will find one.
You will need a certificate if you try to sell the house.


Some of the houses on the estate are probably still owned by a housing association. If they inherited the houses, they might have inherited paperwork. Try contacting them.



You can get PRC repair certificates retrospectively, you pay a surveyor to come and inspect the work that was done. If it's up to scratch they will issue the certificate (Some of their inspections might involve making holes etc)


Cornish units are considered defective unless repaired, you won't get a mortgage without a certificate.