Two Properties One Title Deed? By Chris Morgan
Have you found the perfect property only to find out that the obvious high street mortgage lenders, will not offer you a mortgage on what appears to be suitable security offered to them?
Even though you have a significant deposit money and solid income affordability, they have decided for what appears to be an insignificant reason to decline your mortgage application?
It can be soul destroying exercise searching for the right property, only to find out that because the property is “unusual” or slightly “different” you may not be able to raise the money to buy your dream home.
Here are some examples of the types of properties that it may be difficult to find mortgage finance for …
- Those with two kitchens in the same home, it’s fine for a home to have two bathrooms, so why not two kitchens?
- Properties that have two houses or homes, that are contained in one set of title deeds.
- Houses that have an annex, or smaller apartment attached and are again included under the same set of title deeds.
- Homes that may have been altered into two seperate properties and are still contained under the same single set of title deeds.
- Properties that are residential homes and have part of the house converted into a “Home Office” that has maybe been used for a business purposes in the past.
We have seen many examples where high street mortgage lenders such as Halifax, Santander and Woolwich have refused mortgages, solely based upon a surveyors comments relating to “Duel” properties and title deeds.
However, you should not give up easily and contact the countries leading specialist adviser for finding mortgages for “Double”, “Duo” and “Split Title” properties. We have lenders that may be willing to help!
15 Minute Mortgage Assessment
Unusual Mortgages offer a 15 minute free mortgage assessment over the phone for anyone that has been turned down for a mortgage elsewhere. We will confirm if the decision you were given is correct and assess your options across all of the lenders on our manual research list, from which we tailor bespoke solutions for our clients.
If you have been turned down for a mortgage or are worried about approaching lenders due to the way you have been treated in the past, why not give us a call. Within 15 minutes you will know if your hopes and aspirations are a reality, with a sound opinion from the most experienced mortgage broker in the United Kingdom at placing “Unusual Mortgages”.
If you require more information on Complex Mortgages, Multiples Mortgages, Buy to let, Self Employed or Adverse Credit Mortgages you can contact Unusual Mortgages onUK 0845 474 3075 or International +44 1404 45397, email at enquiries@unusualmortgages.co.uk