Can I obtain a mortgage on a property with a thatched roof?
Indicates if a lender can potentially accept properties that have any element of a thatched roof.
More information about thatched roofs
Most mortgage lenders will consider properties with thatched roofs and will be guided by the inspecting valuer as to its suitability. Thatch materials include water reed, combed wheat reed, longstraw and less so, heather and turf. The life expectancy of a thatched roof will vary according to a number of factors, but for water reed is 25 to 40 years, for combed wheat is 25 to 30 years and for longstraw is 10 to 15 years.
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.