Listed Building Mortgages

Fox Davidson are specialist brokers in arranging mortgage finance on listed buildings. 

Historic England quotes that ‘Listing marks and celebrates a building’s special architecture and historic interest, and it also brings it under the consideration of the planning system, so that it can be protected for future generations’

Essentially, the older a building is, the more likely it is to be listed.  Also buildings which are ‘one off’s’ or a rare example of architecture may well be listed.   Many pre Edwardian buildings will be listed due to their age.  Buildings constructed with in the last 30 years are not generally listed as they have not withstood the test of time.

Buildings in England are listed in three grades. 

Grade II which buildings of special interest and is the most popular listing found. 

Grade II* which includes buildings of more than special interest.

Grade I which includes buildings of exceptional interest. 

Fox Davidson has experience in mortgaging all three types of listed building and can look at residential or even buy to let finance on them.

When looking at finance on a listed building it is worth checking that the building is in a good state of repair.  Many lenders will require repairs and maintenance on the building to be in order.  Listed property can often require a higher level of maintenance than a standard building.  It is also vital to have the correct buildings insurance on the property as the insurer needs to be aware of the property’s listed status.  Fox Davidson have excellent links to insurance partners who specialize in buildings and contents insurance for listed property.

As listed building often tend to be older properties, these can often have acreage or outbuildings on the title.  We at Fox Davidson are experienced in providing finance property with outbuildings, acreage and estate finance.  As an across the market broker we speak with high street lenders, bespoke lenders and private banks regarding finance options.

Can you get a mortgage on a listed building?

The simple answer is yes.  As an across the market broker, Fox Davidson are able to access highstreet lenders who can provide finance on grade II, grade II* and even grade I property.  Most often this is in the form of residential mortgage finance for an owner occupier.  We are also able to secure buy to let finance on this type of property if required.

Can I get a mortgage on a thatched property?

Many thatched properties may also be listed due to their age.  Whether they are listed or not it is possible to get a mortgage on them.  The type of construction needs to be taken into account when looking at a mortgage on a thatched property.  Cobb walls may be an issue for some lenders however at Fox Davidson we are confident we can source highstreet finance on most thatched properties.