"Live The Dream"
Mortgages
Log Homes are classed as "Non-Standard" homes when it comes to the issue of mortgages but do not despair.
There are a growing number of specialist lenders in the UK targetting the self build sector and new lenders are entering the market who specialise in working with clients whose projects have, at their core, significant environmental advantages.
Ritsu Log Homes- no compromises.
Can you get a mortgage on a log home?
Banks and lenders in general are now less risk averse to self-build but unlike lending to purchase a conventional home, a self-build project is at best, a set of drawings and a collection of ideas.
The situation has improved in recent years, partly as a result of government initiatives to empower those wishing to self-build by removing some of the hurdles faced previously. Then projects with a high level of environmental factors in their favour are also beginning to see favour from lenders and here log cabins score highly.
Affordabilty and a high end value will be key factors in the lenders list of key requirements and there are certain elements within a project for a log home that might be favoured over a one-off self-build.
FINANCING
Affordability I Timescale I Value
First Steps...
Our helpful guide will take you through the Planning Process and provide useful pointers as to how to ensure first time success.
For log homes for the holiday sector the process is simpler from the perspective of Building Regulations and Building Control.
However, for family homes the process becomes more involved as Building Regulations and Building Control play a key role.New paragraph
