It’s easy to fall for the charm of a unique and unconventional property, but they do tend make the mainstream mortgage lenders nervous. If you are looking for mortgages for listed properties, or mortgages for non-standard construction houses, the good news is that there are plenty of affordable deals out there – you just need to know where to look.

There are lenders that specialise in providing homeowner loans on medieval houses, timber properties, converted mills, listed properties and properties situated above commercial premises. So, no matter how unusual your property might be, there is a mortgage out there for you.

Mortgages for non-standard construction properties

The property’s resale value will be one of the lender’s major concerns. While a converted railway carriage might be your idea of a dream home, it’s not going to be to everyone’s tastes. Often unusual or listed properties will also come with additional costs, such as ongoing renovations and repairs, and this might make the lender reluctant to agree a mortgage.

One thing’s clear, if you’re looking for mortgages for listed properties, the lender will be more likely to agree your application if you have money behind you to undertake the conversion or renovation (if required), and meet the associated ongoing costs.

Finding mortgages for properties above commercial premises can prove to be equally as difficult. Again, there is the resale value of the property to consider, but there is also an additional fire risk with this type of property which can make impact a lender’s decision.

How can we help?

If you’re looking for a mortgage for a property of non-standard construction, there are plenty of lenders out there that will be willing to consider your application. Naturally, the lender will want to make sure you can afford any additional expenses on top of your mortgage repayment, but once they’re satisfied, the process should be relatively straightforward.

At Mortgage, we work with a leading network of mortgage advisors who specialise in finding the right deals for unique properties; that includes mortgages for listed properties, and mortgages for property above commercial premises.

For the help you need, please complete an enquiry form with a few details about the mortgage deal you’re looking for and the property you’d like to buy. One of our specialist advisors will then be in touch to offer a free, no-obligation initial consultation.