Mortgages on reema houses?!?

lorna0912

Does anybody know how easy it is to get a mortgage on a reema (concrete) constructed house? Not having much luck on the usual search engines!

Thanks

PasturesNew

Ask these people that question.
http://www.shiredirect.com/mortgage-glossary/non-standard-construction-mortgages.html

Or these: http://www.rethinkmortgages.co.uk/non-standard-property.htm
This one has an "online chat" operator you can type-talk to immediately (when they are online).

Usually you will be expected to put down a much larger deposit than for a standard construction, so if you're thinking of buying one because it's cheaper ... it's cheaper for a reason!

Also, when you come to sell your potential buyers would also have the same problems.

Unless you know exactly what you're taking on and have good reasons to buy that specific property, then it's best to stay well clear. To rectify it would most likely cost you over £20k.

Argyll_2

Is this the same a s a Doran house. If it is I almost bought one is Scotland and can offer some advice.

Richard_Webster

What kind of Reema? "Hollow Panel" are defective "Conclad" aren't (although being non-trad will only attract mortgages from major high street lenders).

lorna0912

From what I'm told it's hollow panel.