Can you get a mortgage on a timber framed house?

Timber framed homes are not only faster, cheaper, and easier to construct but also deliver a wide range of benefits. They are becoming a widely popular option, particularly for those who are looking for a new-build property.

A timber framed house is a property with a timber frame used for its core structure, rather than the traditional standard of bricks or concrete blocks.

Mortgages

When buying a home, the first port of call for most people is to find a mortgage that suits their financial situation.

A huge 58 out of 100 lenders will consider a mortgage on a timber framed property, even when they are classified as a non-standard construction type; what’s more, there are eight specialist mortgage lenders that are dedicated to this type of mortgage product.

Newer timber framed homes are built to precise and exacting modern standards, meaning they are, in general, mortgageable. Many lenders may opt out of lending for timber framed or cladded properties, depending on their age, condition, or timber type used; however, for new-build homes, this will not be an issue.

Timber frame house kits

Specialist manufacturers and suppliers of timber frame house kits, such as https://merlintimberframe.co.uk/timber-frame-kits deliver factory-assembled construction kits.

Timber framed houses deliver an affordable, eco-friendly, and energy-efficient housing option in addition to having the benefit of being rapid in construction.

A specialist will ensure that their products are fully accredited and of the highest quality standards, which can help a great deal when securing a mortgage with a suitable lender.

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