1.99% MER rate for bisf houses
£289 valuation fee for BISF House Mortgage
No lender’s fees for British iron and steel property
No broker’s fees for non-traditional construction-type houses
Lender not available on the usual comparison sites
All non-standard construction properties are considered for mortgage and equity release
Includes BISF construction house cladding property
BISF House equity release
Corrugated iron homes and asbestos
Steel frame or Steel panels
Large panel system property

How much cash can I release?

You can achieve 70% of your home’s valuation. As an example, if your home is worth £320,000, you can release £224,000.

Your Requirements
How Much Would You Like Borrow/Release?*
Please enter a number from 4000 to 200000000.
Value of your property*
Please enter a number from 50000 to 10000000.
Total amount of mortgage/loans you have on your property*
Type of Finance*
- Equity Release
- Lifetime Mortgage
- Retirement Interest Only Mortgage
- Retirement Mortgage
- I’m Not Sure

Recently completed mortgage, equity release and lifetime mortgage cases

Ms T from Hammersmith

My husband recently died, leaving me with a mortgage I could not afford to pay. The lifetime mortgage allowed me to pay off the mortgage and have enough money left over for a new bathroom, a new kitchen, and roof repairs. I can now stay in my Corrugated iron property.

Ms G from Dover

I divorced my husband, who was a violent alcoholic. I really feared losing my home as I sometimes look after my daughter’s children. Equity release enabled me to pay off my ex and stay secure in my BISF home.

Mr Williamson from Chiswick

My son is a chef in a care home. He is not well paid. No way his bank would lend him the money to buy a flat. My equity release enabled him to put down a substantial deposit, so his mortgage was very small. My equity release interest rate was close to the interest rate offered by his bank.

Mrs V from Hastings

I had spent my life running up credit card debt and taking out loans, then getting interest-only mortgages to pay it off. I got to retirement age and still owed the bank £160,000. The term was about to expire, and I could not afford the payments on my pension anyway. I got £180,000 in equity release, so now I am more comfortable with no monthly repayments. I also spent £20,000 on a new bathroom and kitchen. I now know I can stay in my home.

Mrs M from Birmingham

With no broker’s or lender’s fees, I got an interest-only retirement mortgage, which I pay each month from my private pension. The money released went to my daughter for her wedding and a deposit for her next house. She wanted a family, and her flat was too small.

non standard construction houses for sale

Mrs E from London

My mortgage needed to be repaid to the existing lender. I thought I was going to lose my house. Thanks to Concise I got equity release to pay off my mortgage.

Julia A

My mother has dementia. With my solicitor and my power of attorney, I obtained equity release on my mother’s house to pay for specialist modifications to improve her comfort.

David P

With my power of attorney, I got equity release on my father’s house to pay for disability provisions, including a lift and a new kitchen.

Mr G from Kent

I got an interest-only lifetime mortgage and gave my sons £100,000 each so they could put a deposit down on a home. My money made it possible for them to get a very good mortgage deal, especially one son who is not well paid.

Mrs Daly from Glasgow

My daughter lives in the States and does not have health insurance. My £30,000 lifetime mortgage paid the medical bills for her son’s birth and a year’s rent in advance for a new flat for the baby.

Mrs E from London

I was advised to release equity from my East London home to minimise inheritance tax. My son and daughter used the money to pay down their mortgages. The interest rate on the equity release was so low it was close to their mortgage rate.

mortgage on a non standard construction house

Mrs G from Leeds

My daughter is a single mother, and I got a £120,000 lifetime mortgage to buy her a flat outright as she has had a succession of poorly maintained rental flats not suitable for her child.

The lender will want to know if the property is a semi-detached freehold house or a Leasehold flat, and if the resident is an owner-occupier, with primary residence. Many lenders will accept no-fine construction under certain circumstances. No fines, construction equity release is becoming increasingly popular.

BISF House Mortgage can have interest rates close to those of other standard house mortgages.

Hanley Economic Building Society Over 75 Mortgage

Hanley Economic Building Society Over 70 Mortgage

non standard construction mortgage lenders

Bisf Equity Release
British Iron and Steel Federation steel frame property mortgages with bad credit history
Hodge Lifetime Mortgage Plus first floor steel federation bisf properties
Liverpool Victoria LV Equity Release Schemes Bisf Homes
Age Partnership Equity Release Schemes for profile metal sheets homes
Canada Life Voluntary Select Gold Flexi and other Building Societies
L&G Legal & General Flexible Max Scheme for custom insulation solutions homes
Stonehaven Equity Release Scheme
Lloyds Bank Lifetime Mortgage
Saga Lifetime Mortgage for steel producers property titles
Aviva Lifetime Mortgages brick cladding property
Lloyds Bank Equity Release Plans for UK housing program homes
Aviva Lifestyle Flexible Option for timber weatherboarding detached property
More2Life Capital Choice Plus Plan for British steel homes
Nationwide Interest Only Lifetime Mortgage for complex floor beams homes

BISF House equity release

It is common to encounter individuals seeking BISF House equity release, a monthly payment lifetime mortgage, or a lifetime mortgage with flexible drawdown cash release; however, Key Solutions like Old Mutual Wealth are keen to see paperwork that shows your personal situation, such as bank statements.

Retired business owners who may be interested in lifetime mortgages

Non-scheduled passenger air transport Bromley
Other activities of employment placement agencies Helmsley
Activities of investment trust Looe
Liquid milk and cream production Cramlington
Manufacture of electronic industrial process control equipment Totton and Eling
Manufacture of electric motors, generators, and transformers Leigh-on-Sea
Manufacture of steam generators, except central heating hot water boilers, Wellingborough
Wholesale of audio tapes, records, CDs and videotapes, and the equipment on which these are played Pateley Bridge
Activities of other membership organisations in Kenilworth
Manufacture of paper and paperboard Whitby
Manufacture of bearings, gears, gearing, and driving elements Carnforth
Repair of watches, clocks and jewelry Stroud
Manufacture of irradiation, electromedical and electrotherapeutic equipment Hitchin
Manufacture of veneer sheets and wood-based panels Kettering
Compulsory social security activities Worthing
Marine fishing Woking
Gambling and betting activities in Aylsham
Agents involved in the sale of textiles, clothing, fur, footwear, and leather goods Wiveliscombe
BISF Steel frame

Equity Release LTV BISF Steel frame

50% lumpsum lifetime mortgages The Exeter Equity Release
35% loan to value interest-only lifetime mortgages More to Life
25% loan to value (LTV) monthly payment equity release Newcastle Building Society

Crown Retirement Mortgages

Legal and General Equity Release

Equity Release Mortgage Under 55

Equity Release steel framed houses mortgage LTV- BISF House Mortgage

The older and sicker you are, the more money you can release.

Pitfalls of Equity Release Plans – BISF House Mortgage

Interest-only lifetime mortgages can reduce the value of your estate. Interest-only lifetime mortgages may impact the ability to claim entitlements. You may need to pay a legal fee, and you could be exposed to changes in interest rates with some products for bisf construction lending.

Towns of the UK where BISF House Mortgages are popular

Leyton
Southend-on-Sea
Newton Abbot
Winchelsea
Crewe
Quedgeley

Lenders for Equity Release Corrugated iron property – BISF House Mortgage

More2Life
LV lifetime mortgage
Aviva Bisf Construction

Small kitchen/bathroom extensions of single skin brick blockwork – bisf construction•

Concrete or steel frame-blocks of flats built after 1980, BISF House equity release. Bisf houses are usually priced about 30% lower per square foot than conventional houses.

Solid brick, stone or concrete block–minimum thickness 225mm•Cavity brick, stone or concrete block – minimum thickness 275mm•

Bisf construction mortgage options

Timber frame wall with a cavity and outer wall of brick-built after 1965 – minimum thickness 275mm (All widths exclude finishes)

•Cob walls•Walls built entirely out of timber•Single skin brick/blockwork•Concrete frame/panels•Steel frame/panels

Pre-cast reinforced concrete (PRC)
Poured concrete – bisf construction

corrugated iron sheet houses
In-situ cast concrete•
No fines•
Large panel system simple corrugated iron houses
Steel frame properties

modern corrugated iron houses

corrugated iron sheet houses

Cob walls•Walls built entirely out of timber•Single skin brick/blockwork•Concrete frame/panels•Steel frame/panels

Small kitchen/bathroom extensions of single skin brickblockwork • Concrete or steel frame-blocks of flats built after 1980

Solid brick, stone or concrete block–minimum thickness 225mm • Cavity brick, stone or concrete block – minimum thickness 275mm•Timber frame wall with a cavity and outer wall of brick-built after 1965 – minimum thickness 275mm (All widths exclude finishes)