Mortgage Broker in Anstey

Mortgage Broker in Anstey

Older property, and which lenders are comfortable with it

Anstey has a genuine historic core, with a conservation area and a good deal of pre-Victorian building. Charnwood's local stone and slate appear throughout the older parts of the village and the surrounding forest fringe.

Four things regularly come up:

Solid wall construction. Older properties built before cavity walls were standard. Perfectly mortgageable, but valuers note it and a few lenders are more cautious than others, particularly where there is any sign of damp.

Stone and slate. Local stone construction is common in this part of Charnwood. It is not "non-standard" in the problematic sense, but it does mean fewer directly comparable sales for a valuer to work from, which can produce a cautious figure.

Conservation area status. Restricts alterations — windows, doors, extensions and sometimes even paint. It does not usually affect lending, but it affects what you can do afterwards, and it is worth knowing before you plan a renovation.

Listed buildings. A number in and around the village. Listed status narrows the lender pool meaningfully, affects insurance, and imposes real restrictions on alterations. Entirely workable with the right lender, but establish the listing grade early.

If you are buying an older property here, tell us what it is at the first conversation. It determines which lenders we approach, and it is much easier to plan for than to fix after a valuation comes back with conditions.

What we do

We are a whole-of-market broker based in Enderby, about seven miles away, with access to over ninety lenders — including regional building societies that underwrite manually and are often more comfortable with older and unusual property than the large banks.