Listed buildings are those with a special architectural or historical significance. It is your responsibility to maintain the character of a listed building if you intend to purchase it.
In England, 92% of all listed buildings are Grade 2 Listed, so it's likely that a listed building you're considering will be in this category if you're searching for a mortgage.
An experienced surveyor with experience in historic buildings should perform a full structural survey. In addition to their beauty, older buildings may also have structural damage or be made from unusual materials (such as thatch), which could complicate mortgage applications.
If the building you want to purchase requires extensive work, you may need a self-build mortgage.
As listed buildings are subject to strict regulations, you should consult a local conservation officer before making any repairs or alterations to ensure they are legal.
If you have this reassurance in place, you may be able to convince potential mortgage lenders that you are a reliable borrower who has considered the property's future sale potential.
To investigate your finance options, call our broker team or fill in our call back form - speak to our independent mortgage broker team who will be able to offer impartial advice or you can call us on 0117 403 3464