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Corsa Sport » Message Board » Off Day » House Day » pro's and con's of steel framed houses » Post Reply
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Mistamist |
posted on 1st Dec 06 at 16:53 |
There are a few factors why insurance companies dont like Steel Frame houses, the main one i have come accross is due to the fact that if by any chance the house suffers from any subsidence the cost of the remedial works is crazy as replacing any section of the structure is so much more difficult than concrete or timber. | |
mwg |
posted on 1st Dec 06 at 15:08 |
We did a survey on a house a couple of years back and found out it was a steel frame. The result was that the people that wanted to buy it couldn't get a mortgage for it. | |
myke |
posted on 1st Dec 06 at 13:44 |
there's still bricks and mortar on the outside leaf. | |
Tom J |
posted on 30th Nov 06 at 19:22 |
isn't it because the mortgage companies security is the bricks and mortar | |
myke |
posted on 30th Nov 06 at 18:50 |
i figured it was something along those lines, but i'm not sure of the reasons behind this thinking. | |
mav |
posted on 29th Nov 06 at 22:56 |
Some Mortgage lenders will not give you a mortgage on steel framed houses...I found this when looking for a house last time.. | |
myke |
posted on 29th Nov 06 at 21:49 |
I'm looking for my first house at the moment and looked at a nice one tonight which is steel framed. |