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Why Your Property May Be Unmortgageable

Writer's picture: GemmaGemma

An unmortgageable property is one that lenders won’t approve for long-term finance. Common reasons include:

* No Kitchen or Bathroom

* A Non-Habitable Property

* Properties with Structural Issues

* Dry / Wet Rot

* Woodworm and Beetle Infestation

* Damp

* Asbestos and Other Chemical Pollutants

* Japanese Knotweed and Other Invasive Plants / Trees

* Surrounding Area Issues – Mining Shafts / Landfill / Flood Risk

* Short Lease Properties

* Defective Lease

* Rising (and Uncontrollable) Ground Rent

* Land Registry Title Not Split Correctly

* Dangerous Electrics or Gas Central Heating

* Cheaper Properties (Under £50,000)

* Flying Freeholds

* Boundary Issues / Negative Easements

* Party Wall Issues

* Unregistered Property

* Non-Standard Construction

* Cladding Issues

* Single Brick (Skin) Properties

* Modern Method of Construction (MMC)

* Roofing Issues

* Planning Issues

* Local Property Blights in the surrounding area ie motorway, airport, junctions, factories or industrial units.

* Restrictive Covenants

* No Building Regulations Approval

* Not Within Minimum Space Standards

* Commercial and Mixed-Use Properties

* Tenancy Issues

* Crime Properties- Properties where there has been a serious crime, it may be difficult to obtain a mortgage due to a perceived decrease in value


If you’re having trouble selling, these factors could be making it harder for buyers to secure a mortgage.


Need Expert Help?

We offer free advice and valuations for properties with these challenges. Contact us today:


📞 Call us: 07779 296334


Let us help you find a solution!

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