1. Traditional, all residential properties traditionally built in good condition, including:

• • Walls of solid stone, cavity brick or timber framed with brick or stone facing
  • Pitched roofs that are slated or tiled

N.B. Flat roofed properties are generally unacceptable, however may be considered in exceptional circumstances for the right property.

2. Purpose built converted and studio flats including flats that are located over retail premises are acceptable subject to the property having no more than 5 storeys. Please speak to your BDM for properties over 5 storeys

3. Modern Methods of Construction

This form of house building, particularly offsite construction, is becoming more common, particularly with self-build projects. The Society is happy to consider such properties on an individual basis subject to valuer guidance, and provided there is a ready market for a saleable and insurable property.

4. Non-traditional

• • Timber framed and clad property acceptable if of a substantial nature and confirmed as suitable security by a valuer on the Society’s panel and in good condition.
  • Insitu Poured Concrete Dwellings such as Wimpy no fines, Solid No fines and Laing Easiform (built post 1945) are acceptable, subject to our valuer comments/recommendations:

N.B. This type of construction should not be confused with Prefabricated Reinforced Concrete (PRC) dwellings.

Unacceptable Construction Types

• Metal roofs not normally acceptable – if within the design of a new self-build/new-build property then please refer to your BDM. 
• Prefabricated reinforced concrete (PRC) houses.
• Steel Framed/Steel Clad Houses, although some modern steel framed properties are acceptable subject to valuation.
• Large Panel Systems (LPS) dwellings. The following are examples:

1. Ayrshire County Council (Lindsay)
2. Blackburn-Orlit
3. Boot
4. Dorran
5. Myton-Clyde
6. Orlit
7. Tarran
8. Tarran-Cycle

• Common hold or outright ownership in Scotland.
• Leasehold properties are rarely located in Scotland and may be considered in line with the policy detailed below.
• Leasehold or freehold properties elsewhere in the UK.

NB: In the case of leasehold properties the unexpired term at the end date of mortgage must be no less than 50 years.