Can I obtain a mortgage on a property with a flat roof?

Indicates if a lender is potentially able to accept applications on properties that have majority flat roof. We classify 'majority' as anything over 50%.

What's the problem with a flat roof?

Some Lenders will not accept a property where the entire main roof is of flat construction, whilst others will consider each on its merits. The issue is that the external covering of a flat roof usually has a limited life expectancy (normally no more than 30 years) and can be prone to sudden failure.

Maintenance and repair costs tend to be higher than for more traditional pitched roofs covered with slates or with clay or concrete tiles.

What is Criteria Brain?

Criteria Brain is an online research tool for UK based mortgage advisors. Authorized advisors are able to research mortgage lenders criteria in granular detail across many lenders. Without a system like this, the advisors research phase can often take many hours and for complex cases, days, which results in frustrating delays to customers. Criteria Brain fixes this problem by providing a platform which lenders can upload their rules to, in a format that allows advisors to extract the precise information they need in great detail and very quickly. The information contained within Criteria Brain is for advisor use only but by completing the simple form, you could be speaking to an advisor who can answer this question and many more.

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