Prefabricated Houses – Can they be Mortgaged?
Their growing popularity of prefabricated housing, especially among thirtysomethings, demonstrates that prefab housing could be a future alternative to bricks and mortar.
The technical difficulties with mortgage lenders often prove to be a barrier to people wanting to buy homes with unusual construction.
In a separate survey, Standard Life Bank canvassed 1000 adults in the UK to gauge their propensity to buy a prefab home.
The data revealed an enlighteningly positive response.
Three out of 10 people in the UK would consider buying a prefabricated or self-build home with young people aged 34 and under the most likely age group to do so.
People living in rented accommodation see prefab or self-build as a way onto the property ladder with 33% saying they would consider it.This entry was posted in Mortgages, msol, News. Bookmark the permalink. ← Prefabricated housing to help the housing problem More homeowners use equity release to increase income in 2016 →