Yahoo Web Search

Search results

1. People also ask

   Can I get a mortgage if I buy a house with asbestos?

   • If you’re buying a house with asbestos, mortgages are generally widely available but you may have to jump through some extra hoops and some lenders may not lend. Here are some things to consider: What is the lender’s requirements? Lenders may have certain requirements or restrictions regarding houses with asbestos.

   Buying A House With Asbestos In 2024: What To Beware Of

   hoa.org.uk/advice/guides-for-homeowners/i-am-buying/buying-a-house-with-asbestos/

   See all results for this question

   Can you buy a home with asbestos?

   • It can be worrying to find out that your dream home contains asbestos, as it means some mortgage lenders will refuse to help you buy it. But don’t panic, because there are lenders who will consider mortgaging properties with asbestos.

   Getting a Mortgage on a Property With Asbestos - Online Money Advisor

   www.onlinemoneyadvisor.co.uk/property/asbestos-mortgage/

   See all results for this question

   Can asbestos affect a mortgage?

   • If the report results conclude that the asbestos will have an adverse effect on getting a mortgage on a particular property, you could consider removing the material, but bear in mind a professional will need to carry out the work and it will likely be an expensive job, so you should consider whether it is worth the cost.

   Getting A Mortgage On A House With Asbestos - Online Mortgage Advi…

   www.onlinemortgageadvisor.co.uk/property-types/asbestos-and-mortgages/

   See all results for this question

   Should I remortgage or buy a house if I have asbestos?

   • If you’re buying rather than remortgaging a property, it may be possible to haggle with the seller to reduce the asking price to account for some or all of the cost of the asbestos removal – although there are no guarantees they will agree to do so. Do not try to remove the asbestos yourself.

   Getting a Mortgage on a Property With Asbestos - Online Money Advisor

   www.onlinemoneyadvisor.co.uk/property/asbestos-mortgage/

   See all results for this question

   Can a lender refuse to lend on a house with asbestos?

   • Lenders may have certain requirements or restrictions regarding houses with asbestos. Some may refuse to lend on houses with known asbestos-containing materials (ACMs). The property’s condition: The condition and location of the ACMs within the property can influence the lender’s decision.

   Buying A House With Asbestos In 2024: What To Beware Of

   hoa.org.uk/advice/guides-for-homeowners/i-am-buying/buying-a-house-with-asbestos/

   See all results for this question

   Can a mortgage broker remove asbestos?

   • Do not try to remove the asbestos yourself. Due to the health risks involved, asbestos removal must be carried out by a certified professional. A mortgage broker can help you to find a removal specialist.

   Getting a Mortgage on a Property With Asbestos - Online Money Advisor

   www.onlinemoneyadvisor.co.uk/property/asbestos-mortgage/

   See all results for this question

2. www.onlinemortgageadvisor.co.uk › property-typesGetting A Mortgage On A House With Asbestos

   www.onlinemortgageadvisor.co.uk › property-types

   • Cached

   Oct 23, 2024 · Can you get a buy-to-let mortgage on a property with asbestos? What if you’ve already had a mortgage declined because of asbestos? How to find the right asbestos mortgage specialist broker

3. moneysavingguru.co.uk › property-types › buying-aMortgages and Asbestos: What You Need to Know

   moneysavingguru.co.uk › property-types › buying-a

   • Cached

   Oct 21, 2024 · The short answer is yes, it is possible to get a mortgage on a property with asbestos. But… it can be a bit more complicated. Around half of the UK lenders will consider lending on properties that contain asbestos, but each lender has their own specific criteria.

4. hoa.org.uk › buying-a-house-with-asbestosBuying A House With Asbestos In 2024: What To Beware Of

   hoa.org.uk › buying-a-house-with-asbestos

   • Cached

   Can you get a mortgage on a house with asbestos? If you’re buying a house with asbestos, mortgages are generally widely available but you may have to jump through some extra hoops and some lenders may not lend.

5. www.onlinemoneyadvisor.co.uk › asbestos-mortgageGetting a Mortgage on a Property With Asbestos

   www.onlinemoneyadvisor.co.uk › asbestos-mortgage

   • Cached

   • How A Broker Can Help You Get Approved
   • Which Lenders Will Approve You
   • Why Does Asbestos Make It More Difficult to Get A Mortgage?

   If you’re thinking of buying a house with asbestos, be aware that many lenders will refuse to consider your mortgage applicationat all. Even those who do consider lending on properties with asbestos may reject your application depending on what risk the asbestos poses. However, a mortgage broker can help direct you to lenders whose guidelines are m...

   See full list on onlinemoneyadvisor.co.uk

   The good news is that there are lenders willing to offer mortgages for properties with asbestos, including high street names such as Nationwide, Santander and Natwest. However, their criteria varies, and some warn that their final decision will depend on the asbestos survey. For instance, TSB says it will consider properties with asbestos as long a...

   See full list on onlinemoneyadvisor.co.uk

   Removing asbestos can be very expensive, and many lenders will factor this cost into the valuation of a property. Similarly, if they have to repossess a property, the presence of asbestos will make it harder to resell. Due to these issues, plus the health risks and its impact on property prices, lenders are cautious to offer these mortgages. Howeve...

   See full list on onlinemoneyadvisor.co.uk

6. www.charcol.co.uk › asbestos-and-mortgagesAsbestos and Mortgages - John Charcol

   www.charcol.co.uk › asbestos-and-mortgages

   • Cached

   Apr 22, 2024 · Can I Get a Mortgage on a House with Asbestos? Getting a mortgage on a house with asbestos present can be challenging, but it is not impossible. With the number of homes in the UK that have some trace of asbestos, it makes sense that it would need to be possible to find a mortgage.

7. www.loancorp.co.uk › buying-a-house-with-asbestosGetting A Mortgage on a House With Asbestos - Is it Possible ...

   www.loancorp.co.uk › buying-a-house-with-asbestos

   • Cached

   Feb 6, 2023 · It is theoretically possible to obtain a mortgage for a property with asbestos present. It will be more complicated and require you to jump through many hoops. Half of all mortgage lenders are open to mortgages for properties with asbestos materials.

8. www.countready.co.uk › mortgage-with-asbestosMortgage on a property with asbestos | Houses and asbestos

   www.countready.co.uk › mortgage-with-asbestos

   • Cached

   Can you get a buy-to-let mortgage on a property with asbestos? Yes, it is possible to obtain a buy-to-let mortgage on a property that contains asbestos, but there are specific considerations and potential challenges to be aware of.