where can i get any mortgage

hi, we are having lots of problems trying to get a mortgage, we have debts totalling £13000, but it seems this isn't the main problem, the main problem is that the council house is of a non standard construction, it's called a m5 steel framed construction, we can buy the house off the council for £20000 with our right to buy discount, however the house is now valued at £60000 so if we can get a mortgage we are getting a really good deal. we first put in to buy it on the 15th august 2002, it took the coucil 10 months to sort their side out, but since then we have not got a mortgage, we have tried everywhere, we have now had 4 valuations done at around £200 each but still nothing to show for it. we did have one offer of a mortgage from a rip off company who said they would give us £25000 at a rate of 9% but there was a £1500 fee at the start and a £1500 fee at the end of the term, on top of this there was a 9 year reducing scale lock in. all we want is £35000 to buy the house and clear all our debts, i really don't think this is much to ask on a house valued at £60000, the council have written letters to mortgage companies telling them that the construction of the house is sound, anybody got any ideas because iv'e run out of them now.

5M ?

So why do you want to buy a property, that when you come to sell the prospective purchasers will have the same problem as you. It might not be right, it might not be fair, but that's life. Having said that you'll have some land with planning permission and a possibly worthless house. Might be worth some constructive deconstruction !

Has it been designated as defective under the Housing Defects Act 1984 and the Housing Act 1985 ? Can you get buildings insurance to satisfy the lender. Can you get a warranty for the same reason ?

Have you tried mortgage lenders that deal with non standard construction - the type you see on TV programme like Grand Designs every week ? I imagine they'll advertise in the self-build magazines available at newsagents. Be aware that the problem may lie with mortgage brokers looking for an excuse not to bother with a small loan.

A bit of background info. here "Non-traditional housing in the UK - A brief review"

Post on some housing related forums like

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- TMF Property Investing - Practical

"Non Traditional" seems to be the search key to locate mortgage companies -

Also "Right to buy" is worth a try.

Try contacting council housing departments in other areas such as Seacroft that may have sold them off and talk to the owners.

Yeah, right.

....but the land with planning permission might be . Try putting together a self build business plan. This could be an opportunity, but you need to team up with an experienced builder and next door neighbours if it's terraced.

hth

Daytona