Call us on 0344 346 3672
or arrange a callback

Can I get a mortgage, on a property with no water supply to it?

Posted on 30 March 2013 by Reg


Is it possible to get a mortgage, if the property has no water supply to it.

Reg,

It may be possible if the property is under construction and therefore the water supply will be connected upon conpletion of the build.

Otherwise this is likely to prove more tricky. If there's no supply and no way to connect it, then it's unlikley that a lender will be overly keen on advancing any monies on it.

If you'd like to let me know a bit more and the property and its location, then I'll see what can be done.

Regards,

Simon

More than mortgages, talk to me about:
Financial Protection | Investments | Personal and Corporate Pensions | Home Insurance
General Insurance | Valuations | Conveyancing | Wills | Home finders

Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.

We recommend you seek professional advice with regard to any of these topics where appropriate.


Legal

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

John Charcol is a trading name of John Charcol Limited and its Appointed Representatives. John Charcol Limited is authorised and regulated by the Financial Conduct Authority. The Financial Services Register number is 665649. Registered in England No. 9157892. Registered office address for John Charcol Limited is 5th Floor, Cutlers Exchange, 123 Houndsditch, London, EC3A 7BU. The FCA does not regulate some investment mortgage contracts. Calls may be recorded for training and monitoring.