Acceptable Property Types

Freehold houses & Bungalows of Standard construction 

Yes

Yes

New Build houses subject to no cash incentives / builder deposits

Yes

Yes

Former local Authority house

Yes

Yes

Right to buy – houses of standard construction only 

Yes

Yes

Grade II listed buildings subject to valuation

Yes

Yes

Leasehold houses , Bungalows, flats and maisonettes of standard construction purpose build or converted (unexpired lease term at valuation a minimum of 50 yrs)

Yes

Yes

Flats subject to no cash incentives/builder deposit and no resale issues raised by the valuer. Up to 3 floors/11 metres in total.

Yes

Yes

Converted flats up to 3 floors/11 metres - subject to conversion being undertaken with full planning regulation consent and that there are no onerous conditions contained with in the lease and that the building is being professional managed. 

Yes

No

Flats above commercial premises

Will consider please contact one of our managers

Will consider please contact one of our managers

Modern timber framed properties with external brick skin

Yes

Yes

Septic Tank - Where a shared septic tank is in place, the society will consider these subject to formal documented responsibilities being in place for all parties in respect of maintenance and repair/replacement and confirmation that the tank fully complies with statutory requirements.

Yes

Yes

Solar panels provided that the following applies:
Where solar panels are subject to a lease, confirmation from the solicitors and valuer that the lease does not affect the society’s security.

Yes

Yes

EPC Certificate required: BTL needs to be E or above 

Yes

Yes

Private water supply subject to certification for the water supply being sustainable and fit for human consumption by a suitably qualified Hydrologist / Analyst.

Yes

Yes

Properties subject to Agricultural tie & Section 106 occupancy restrictions

Yes

Yes

Properties that have previously flooded with a suitable flood insurance cover available on normal commercial terms.

Yes

Yes

Properties with Land 

Yes

Holiday lets please refer

Freehold houses & Bungalows of Standard construction 

Yes

Yes

Modern timber framed properties with external brick skin. 

Yes

Yes

Traditional builds.

Yes

Yes

Properties with Thatched roof.

Yes

Yes

Modern Oak Frame properties – Refer to Society manger.

Yes

Yes

Modern steel frame properties subject to valuers comments.

Yes

Yes

SIPS (Structurally Insulated Panels) – With an external cladding of Brick, Brick Slip Finish, Cement/Polymer render or Cement Weatherboard.    

Yes

Yes

Septic Tank - Where a shared septic tank is in place, the society will consider these subject to formal documented responsibilities being in place for all parties in respect of maintenance and repair/replacement and confirmation that the tank fully complies with statutory requirements.

Yes

Yes

Partially built properties (subject to)
•    Certification and inspection certification by a qualified architect
•    Confirmation that the property has been constructed in accordance with planning/building requirements.

Yes

Yes

Plots/properties subject to 106 agreements.

Yes

Yes

Grade II listed buildings subject to valuation.

Yes

Yes

Private water supply subject to certification for the water supply being sustainable and fit for human consumption by a suitably qualified Hydrologist / Analyst.

Yes

Yes

Second Homes – Where the property will be occupied by the borrower, typically as a Holiday/Weekend home.

Yes

Yes

Steel frame construction if constructed prior to 2000

Properties where the Title or any part of the Title is Possessory.

Leasehold properties with a term of less than 50 years remaining at expiry of the mortgage.

Properties in high-rise buildings – more than 3 storeys or 11 metres in height.

Determined as unacceptable security by the appointed valuer 

Less than 10 years old without guarantees or Architects Certificate 

Not wholly owned by the borrower (Shared Ownership) 

Laing Easiform 

Mobile homes/house boats 

Stand Alone Chalets

Caravans

Freehold flats or maisonettes

Properties containing Mundic Block materials 

Flats or maisonettes within blocks owned by Local Authorities or previously owned by Local Authorities

Flying Freehold 

Concrete built houses - A number have been listed as being defective within the 1984 Housing Defects Act, incorporated within the Housing Act 1985, Part XVI, Housing (Scotland) 1987, Part XIV, and Housing (Northern Ireland) Order 1986, Part II.