Mortgages for large six or seven bedroom properties
There are a number of banks and building societies happy to offer mortgages to borrowers purchasing particularly large properties.
NatWest for Intermediaries will not limit the maximum amount of bedrooms a property has when applying for a mortgage. Nationwide for Intermediaries sets a cap of nine bedrooms per property.
Aaron Strutt, product manager at Trinity Financial, says: “Some mortgage lenders set a limit on the maximum amount of bedrooms they like in a property when offering a mortgage, but there are lots of options available.
“The lenders will also be keen to read the valuation report to check the property is in good condition.â€
If you would like help to secure a mortgage on a large property, call us on 020 7016 0790.
October 16, 2013