Most council houses were built after the second World War, the majority were built of traditional materials brick and tile, however some 25% were built out of prefabricated materials including concrete with steel reinforcement.

If you have a house built as an Airey/Reema/Stent/Wates/Unity/Woolaway/Cornish MK2 and Cornish Unit (1/2 Tile and concrete slabs) then these properties were produced in a factory and shipped to site for completion, they were intended to last for 10 years but most are still there today, most have internal room sizes that are well in excess of modern day properties and in addition have the benefit of large gardens.

There are some 1.25 million prefabricated properties in the UK today, the majority are considered to be un mortgageable in their current condition and therefore in need of repair and refurbishment.

Un repaired PRC homes or non standard construction homes are labelled as defective by High Street Lenders and Building Societies and are un mortgageable unless repaired.

However

Compass Mortgage Services in association with companies such as Premier PRC have built up an expertise second to none in the PRC Homes market, we have access to a specialist panel of lenders including High Street names and can arrange a mortgage for you even if you have had credit problems or have difficulty in proving your income.

We are able to arrange a mortgage that will enable you to either purchase your property and to have it repaired by a licensed Builder, or if you do not wish to have the property repaired and only wish to buy then we have lenders available who will provide a mortgage on this basis as well, if you do decide to have the property repaired once the repair is completed a certificate of completion is issued and your property is now considered to be mortgageable by a majority of lenders.

To buy & repair or just to buy its plain sailing with Compass Mortgage Services.

Would you like to see what the process is?