Acceptable Construction Types
- 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.
- 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.
N.B. Anything greater than 5 storeys will only be considered on an exceptional basis and must be referred to the Head of Lending for prior approval.
- 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.
- 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 property these should be referred for approval up front.
- 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:
- Ayrshire County Council (Lindsay)
FOR INTERMEDIARY USE ONLY