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Mortgage on a Dorran house (non standard construction)
Scottishgal94
Posts: 6 Forumite
Does anyone have any experience of obtaining a mortgage on a Dorran house? Or just general experience living in on? I’ve looked online but can’t find much (if any) info. Any help is appreciated!
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@scottishgal94 Very very generally speaking, they're very hard to get mortgages on unless it's at very low LTV and you are willing to stomach specialist rates.While I have come across other PRC (concrete) construction types like Wates PRC which have been repaired and are now mortgageable by mainstream lenders, I've never come across a Dorran PRC that's been repaired and mortgaged with a mainstream lender. I'm not saying they don't exist though!
I am a Mortgage Adviser - 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.
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My guide has several Dorran types, 1, 2, 3 and bungalow (x2).
Type 1 & Bungalow (PRC) which are grade F are defective under HA 1984/1985 and only acceptable on completion of approved repair.
Type 2 (PRC Panel), Type 3/Bungalow (Timber & Concrete Panel) which are grade A and are acceptable under normal terms.
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.1 -
@K_S thanks for this, I don’t think the house we are looking at has been repaired so that is part of the difficulty.@kingstreet thank you also! Do you know how you would go about identifying what type of Dorran house it was?0
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Not a clue, sorry.
Year of construction may help. The bad stuff was built 1940-59. The good ones 1960+.
Local chartered surveyors may be helpful if you intend to have a survey.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 -
Given the OP's username, is there a Home Report and if so, what does it say?3
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