Hello, we live in a timber framed house, no mortgage and wish to remortgage a small amount for home improvements. I have heard some banks/ building societies do not loan on timber framed properties...are you able to help? Clive
Ask the Specialist response:
Thanks for your enquiry.
Although it can often be challenging, we typically assist clients looking to raise money on properties which are both timber framed and/or timber clad.
You are right from what you have heard. The majority of banks and building societies in the UK do not lend on properties of this nature, however, having assisted many of these properties before, we may be in a position to potentially point you in the direction of a small handful of lenders who assist in this circumstance.
If you just wish to obtain an indication on whether we are able to assist you, given your specific circumstances, I'd recommend speaking to one of our Advisers on 02077100400 or send us an enquiry online and one of our Advisers will call you back.