Mortgages for Steel Framed Houses

Our Mortgage Service For Steel Framed Houses

Why choose our mortgage service?

Fair Mortgages can provide you with a first class mortgage service. 

Special features of what we offer include:

• Access to specialist lenders who will consider steel framed properties

• Whole of market service - we cover over 60 UK lenders

• Great Rates - Access to leading market rates

• Exclusive Deals - Access to exclusive remortgage deals not available on high street

• Fast turnaround - call us if you need to move fast!

• Less than perfect credit history? - We have lenders who will take into account previous defaults and missed payments 

• Raising additional finance - If you are looking to raise finance we will look at all your finance options as well as remortgaging.

To investigate your mortgage options for a steel or metal framed house call our specialist team on 0117 403 4474 or fill in our call back form. 

Mortgages for steel framed houses

Getting a mortgage on a house made with more unusual materials, such as steel frame, can be a little more complicated than getting a mortgage for a house made from bricks and mortar. However, our expert whole of market mortgage advisers can help – call us today on 0117 403 4474. 

What is a steel or metal framed house?

There are many different types of steel framed house, with one of the most common being the British Steel Framed House, which was mass-produced shortly after the end of the Second World War by the British Iron and Steel Federation (BISF).

The intention was to provide quickly erectable, affordable housing for those who had been displaced from the inner cities due to bombing, as well as providing housing for returning military members.

The Ministry of Works Emergency Factory Made Housing Programme built around 40,000 BISF houses in the post war period. Other well-known steel framed houses include the Telford Steel Framed House, examples of which were built in the 1920s following World War One.

What problems can buyers face when getting a mortgage for steel framed houses?

One of the key issues faced by prospective purchasers of BISF houses is that this type of housing is often incorrectly categorised along with other types of prefabricated post-war housing as being listed as Defective Housing or Temporary Housing. This is incorrect, as BISF houses as a whole are not listed in this way.  However, there are several issues unique to steel framed houses that may make many mortgage providers reluctant to lend. Some of these could include:

Asbestos used in construction – this is often found in the roof, around water tanks, or other areas using insulation. You will probably need to get a specialist asbestos report on the property you want to buy, to ensure it is safe by modern housing standards, before you will be offered a mortgage deal.

The property not being recognised as a steel framed house – this is a frequent problem which may not be unearthed until a full structural survey has been carried out, resulting in the subsequent withdrawal of a mortgage offer. Many steel framed houses have had numerous additions and renovations over the years, including cladding, pebble dash, tiling and extensions, which can all make the building look like it is made from more standard construction materials than it really is.

Corrosion of the metal frame – rusting and corrosion can be a problem in older steel framed houses.

Our dedicated whole of market mortgage team can help you to locate the right steel framed house mortgage deal for you – call us today on 0117 403 4474 or request a callback.