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.
📨 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!
Non Standard Construction Remortgage
gabby71
Posts: 191 Forumite
Hi all 
i'm a few months away from my first remortgage and wonder if non standard construction houses (ex-council concrete build) are acceptable to many high street lenders for remortgaging? Current mortgage is with Aldermore due to a CCJ on file at the time but that has since dropped off and my credit file is very good - am hoping to get a reasonable remortgage rate - does anyone have any info/experience with this? thanks in advance
i'm a few months away from my first remortgage and wonder if non standard construction houses (ex-council concrete build) are acceptable to many high street lenders for remortgaging? Current mortgage is with Aldermore due to a CCJ on file at the time but that has since dropped off and my credit file is very good - am hoping to get a reasonable remortgage rate - does anyone have any info/experience with this? thanks in advance 0
Comments
-
Depends on the type of build, do you know the specific variety?0
-
OP says concrete.user1977 said:Depends on the type of build, do you know the specific variety?
I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board: https://lemonfool.co.uk/financecalculators/soa.php
Check your state pension on: Check your State Pension forecast - GOV.UK
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung
⭐️🏅😇🏅🏅🏅0 -
More and more lenders are not lending on concrete builds so I would not advise purchasing one. Even if you find one, it may not be re-mortgageable in the future. Try nationwide and Aldermore if you really want to go ahead. If they don't work then the last resort lenders such as Together Money but they charge very high rates and fees.1
-
thanks but its a remortgage - I already own the propertyPropertyGuru_Wannabe said:More and more lenders are not lending on concrete builds so I would not advise purchasing one. Even if you find one, it may not be re-mortgageable in the future. Try nationwide and Aldermore if you really want to go ahead. If they don't work then the last resort lenders such as Together Money but they charge very high rates and fees.0 -
Lenders will lend on them. Just double check criteria beforehand and you should be fine.
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.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.3K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards