It is possible to get a mortgage on a property with two kitchens!
It is possible to secure a mortgage on a property with two kitchens, despite banks and building societies regularly declining these applications.
Mortgage lenders often worry that residential houses with two kitchens will be sublet and breach acceptance rules.
Some lenders will consider applications more favourably if the client confirms that the property will be for personal use or if any additional bedrooms or self-contained flats will be for grandparents or a nanny to live in.
Aaron Strutt, product director at Trinity Financial, says: "We regularly get enquiries from buyers struggling to purchase properties with two kitchens, and there are generally lenders willing to provide finance.
"We recently arranged a mortgage for a client who purchased a large house that was split into three separate flats. As the property was in a nice location and the client was looking for a larger loan, the bank agreed the borrower could return the house to a family home with a one-bedroom flat for an Au Pair."
Which lenders may provide a mortgage if a property has two kitchens?
| Aldermore | Properties with no kitchen or more than two kitchens are not acceptable. |
| Bank of Ireland | Two kitchens may be considered on an individual case basis, (ie granny flat). |
| Barclays for Intermediaires | No maximum number. On a case-by-case basis. |
| The Cooperateive for Intermediraies | Property with 2 kitchens will be considered on mainstream loans as long as the immediate family of the borrower will occupy. |
| Gen H | Gen H can consider 2 kitchens in a property - subject to surveyors comment. |
| Source: Knowledge Bank |
It may be possible to remove the second kitchen between the exchange and completion
If the person selling the property is willing to let the buyer access the property between exchange and completion, a selection of lenders will allow applicants to remove one of the kitchens so it meets the lending requirements.
Other banks and building societies will put a retention on the mortgage and release the full funds once the kitchen has been removed. They may ask for a builder's estimate to confirm how much it will cost and send another valuer to check the work has been completed.
High street lenders are unlikely to accept an application if it will continue to have separate council tax payments or utility bills.
Buy-to-let mortgages for properties with two kitchens
If you are planning to purchase a house with multiple kitchens and it will be let, arranging a buy-to-let or a specific House of Multiple Occupation mortgage should be possible.
Need help securing a mortgage on a unique property?
Securing a mortgage for a property with two kitchens may seem like a unique challenge, but it's entirely achievable with the right approach.
Trinity Financial's brokers will need to see the property you are buying, ideally via an estate agent's website, and then understand your financial situation; we can search the market to find the most suitable and competitively priced mortgage option.
Understanding the requirements of traditional lenders, carefully evaluating the property's features, and exploring tailored financing solutions are essential steps to securing your home.
Call Trinity Financial on 020 7016 0790 to secure a two kitchen property mortgage or book a consultation
The information contained within was correct at the time of publication but is subject to change.
Your mortgage is secured on your property. Your property may be repossessed if you do not keep up repayments on your mortgage
It is possible to secure a mortgage on a property with three or more kitchens, but the lender will want to know why the property has so many kitchens and who will be living in it.
Mortgage lenders often worry that residential houses with two kitchens will be sublet and breach acceptance rules.
If a property has three kitchens, then it is likely to be quite large. There are lots of lenders that will lend to borrowers buying larger and expensive properties.
Some lenders will consider applications more favourably if the client confirms that the property will be for personal use or if any additional bedrooms or self-contained flats will be for grandparents or a nanny to live in.
If you are buying a country home or large property then it will be easier to clear with the lenders.
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