As we are thinking of buying a BISF property with cash from house sale.
If in our retirement we have to raise capital, do the lenders accept this type
Hello Neil, I must admit that this is not a question that I have come across before in relation to B.I.S.F Houses.
I cannot see any reason why they would not be suitable as collateral for equity release purposes providing that the base lender has a lending criteria that includes properties of Non-Traditional construction.
I shall try to do some digging over the next few days for you but in the meantime, it would be good to hear from any of our readers who have experience in this area.
Thank you for the info.
Your help is very much appreciated.
the equity release council don"t know of any lender who would lend against this type of property ,I know I have just asked