BISF House Mortgage
BISF House: Affordable and Comfortable Living
In the UK, approximately 700,000 non-standard construction homes, such as BISF houses, provide secure and comfortable living for numerous individuals and families. These homes utilize alternative materials compared to the traditional brick, tile, or slate roof structures commonly found across the country. If you are considering purchasing one of these properties, we recommend exploring our services for a BISF House Mortgage.
Moreover, while the majority of UK homes are built from brick with a tile or slate roof, non-standard construction homes showcase diverse building materials. One can easily observe on an episode of ‘Grand Designs’ how modern homes integrate innovative materials in their construction.
What is a BISF House?
A BISF house, or British Iron & Steel Federation house, is a non-standard construction home characterized by a steel frame. Approximately 30,000 of these homes were constructed across the UK over a span of 6 years. Despite their unconventional build, BISF houses have become safe and comfortable dwellings for many families nationwide. Evidently, Most were built immediately post-World War II, from 1947 to 1949, to address the severe housing shortage at that time.
Furthermore, while BISF homes are not inherently more problematic than conventional houses, they can present unique challenges. Consequently, many mainstream banks hesitate to offer mortgages for these properties. Fortunately, First Select Mortgage Brokers collaborates with a variety of specialist lenders regulated by the Financial Conduct Authority (FCA), specializing in bespoke solutions for financing BISF houses. Moreover, these lenders are willing to consider applicants with low credit scores or who are self-employed, providing options such as secured loans for home improvements or debt consolidation.
Additionally, it’s important to note that securing a BISF House Mortgage may require a higher deposit compared to traditional banks. Furthermore, interest rates on these mortgages may be slightly elevated. However, our team at First Select Mortgage Brokers works closely with you to tailor solutions that ensure affordability, adjusting monthly payments to comfortably fit within your budge.
How We Can Assist You:
- Purchase Your BISF House: Acquire ownership of a BISF house with our financing options.
- Right to Buy Mortgage: Utilize a right to buy mortgage to purchase your BISF house from the council.
- Secured Loan: Obtain funds secured against your BISF house for home improvements or debt consolidation.
- Buy to Let Mortgage: Secure a buy to let mortgage for purchasing a BISF property for rental purposes.
- Large Purchases: Finance significant expenditures such as a caravan or conservatory with our tailored solutions.
- Conversion Solutions: Explore financing options to convert your BISF house into a standard construction property.
- Special Circumstances: We specialize in assisting individuals with low credit scores and those who are self-employed, offering bespoke financial solutions tailored to your unique needs.
Did you know? There are approximately 35,000 BISF homes scattered across the UK, providing secure and comfortable living for numerous families. Moreover, enhancements can be made to convert BISF houses into structures resembling standard construction homes.
Our Services
Our team of friendly experts will guide you through the mortgage application process. They will explain every step and provide FCA-regulated advice and recommendations tailored to your preferences and circumstances. We can meet face-to-face, virtually, or over the phone. Our secure client portal allows you to submit information and documentation safely. After arranging your mortgage, our team will continue to support your financial health into the future, assisting with remortgaging or product switching.
- Dedicated Mortgage Adviser: Direct access via phone, email, and messenger at every stage.
- Flexible Meetings: Face-to-face, virtual, or over the phone to meet your needs.
- Full UK Coverage: Support for clients across the UK.
- Secure Client Portal: Upload documents and share information securely.
- Mortgage Decision in Principle (DIP/AIP) Certificate: Get your decision or agreement in principle.
- Whole Market Mortgage Advice: Comprehensive advice and recommendations.
- Insurance & Protection: Shelter from unexpected events.
- Clear Communication: Regular updates and transparent communication.
Read our Free Information guide for Non-Standard Construction Mortgages.
Read our Free Information Guide for Non-Standard Construction Mortgages. If you have more time, check out our short 4-minute read, accessible here
About us
First Select Mortgage Brokers are friendly and professional mortgage brokers. We access mortgages from the entire UK market, ensuring the best possible deals for our clients’ circumstances. Based in Manchester, we are a family business with decades of experience in financial services. Our goal is to be the most trusted regional mortgage advisory business in the northwest of England.
Our team of experts is ready to help. Contact us below:
Phone: 07780 446 937
Email: hello@firstselectfs.co.uk
Visit our Contact Us page to make a formal enquiry
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