Buying a House with a Public Footpath

From a mortgage lender’s perspective, a public right of way onto your property means it’s deemed a higher risk application, which may require a higher deposit. Instead of a maximum 95% LTV (loan-to-value), the lender may limit your LTV to 85% – 90%, thereby requiring a deposit of 10% – 15%.

If you’re planning on buying a property with a large amount of land as part of the sale, find out whether there is any public right of way anywhere on the land, whether a public footpath, a bridleway, or a byway. You may also find that part of your property covers open access land, also known as “open country” (a mountain, moor, heath or down) that is registered as common land.

In the worst-case scenario, you may discover that there is a byway intersecting your land. This means you effectively have a public road crossing your property. It will also be challenging if it contains a footpath popular with people walking their dogs or next to a public car park. This could create issues with both litter and insurance claims. On the other hand, a tranquil bridleway may be ideal for those who already own horses and wish to ride them directly from their property.

A good way to check if there are rights of way on your preferred purchase is by studying local authority maps. Be aware that there may be additional footpaths and bridlepaths that have been granted public access since the map was published.

The good news is that properties with public access paths won’t exclude high street mortgage providers; you probably won’t need to go in search of a specialist lender. The specific deals available to you will depend on your personal circumstances and the usual assessment of affordability. As with other properties, if you can pay more than a 10% deposit, you’ll have access to better rates and lenders are more likely to approve your application.

The impact of the public right of way on your mortgage application ultimately comes down to where the footpath is on your property, how intrusive the access is and whether it will have a direct impact on valuation. The lender’s risk calculation is based on whether they can sell the property in the event of repossession.

As part of the mortgage valuation, the valuer will consider whether the public access limits the land use around the property and has a knock-on effect on its value. The report will also consider the costs associated with maintaining the footpath, ensure it remains accessible and assess the security risks. This could include the potential costs of putting up fencing to prevent trespassing, as well as providing adequate signage. Finally, the valuation report will assess the potential for noise pollution associated with the right of way.

From the buyer’s perspective, it makes sense to commission a homebuyer’s survey to better understand the implications of the footpath and its impact on the value of the property, as well as the costs associated with maintaining and securing it from the rest of your property.

If you want to buy a house near a public footpath that strays across your grounds, it’s a good idea to embrace the footpath and manage it properly as its primarily your responsibility. Any attempts to mislead or obstruct the footpath can cause issues with your neighbours, ramblers, or the local authority.

Taking care that the path is clearly marked out, signposted and well-maintained so as not to pose a risk to members of the public, is important. You may also wish to provide bins, to prevent littering and make clean-up easier. Make sure that your insurance covers any potential injury that occurs when a member of the public uses the footpath, also known as public liability insurance.

If the footpath comes close to your house, the local council is likely to be more understanding of an application to redirect the path. This may include developing an alternative route, which may mean that you come to an agreement with a neighbouring landowner to have the path cut through their land instead. Redirecting what was an intrusive public right of way can be a worthwhile investment, as it could add to the value of your property by increasing privacy, reducing noise pollution and decreasing the risk of inadvertent trespass.

There may also be a situation where a commonly used path through your property turns out to not be an officially designated footpath or bridleway. This could indicate that there is a potential claim for the path to be designated as a public footpath that is not marked on official maps.

Whether a footpath is officially approved or a historical claim that has not been formalised, the key is for landowners to take command of the situation. Footpaths can be well organised, screened and fenced from the rest of the property with good signage, adequate maintenance and bins. With these basic tips in mind, a public footpath across your land doesn’t need to be a major inconvenience and can be well managed, ensuring safety and security for members of the public and for the homeowner.

If you have any questions about mortgages on houses with a public footpath, get in touch with our independent mortgage experts. At John Charcol, we have access to a huge range of mortgage products and lenders, including mortgages for properties with a public footpath. We can help you find the right mortgage for your circumstances. Contact us today on 0808 149 3531 or submit an online enquiry to find out more.