SANTANDER LISTED BUILDINGS

metpol999

Hi,
Does anyone have any experience with Santander lending on a Grade 2 listed building please ? 

[Deleted User]

Subject to valuation they can lend on them. 

Be careful if borrowing up to max because they challenge the running costs of listed properties and will reduce the affordability accordingly 

dunstonh

Santander lent to us and part of our estate is grade 2 listed and they didnt bat an eyelid.

metpol999

Deleted_User said:

Subject to valuation they can lend on them. 

Be careful if borrowing up to max because they challenge the running costs of listed properties and will reduce the affordability accordingly 

Thank you. The property is £300K and I’m borrowing £250K so I think I’m less than 83% LTV. Hopefully it will be ok. Thank you 

metpol999

dunstonh said:

Santander lent to us and part of our estate is grade 2 listed and they didnt bat an eyelid.

That’s comforting to know. Thank you 

Thrugelmir

metpol999 said:

Deleted_User said:

Subject to valuation they can lend on them. 

Be careful if borrowing up to max because they challenge the running costs of listed properties and will reduce the affordability accordingly 

Thank you. The property is £300K and I’m borrowing £250K so I think I’m less than 83% LTV. Hopefully it will be ok. Thank you 

Affordability will be a factor. As maintenance issues could be potentially costly.