Because there is a limited number of people interested in owning two homes on a single plot of land, some lenders are less than enthusiastic about financing dual occupancy loans for the purchase of such properties.
This is because they are worried that it will be difficult to recoup their losses by disposing of the property in question should the buyer happen to default on his or her loan.
However, if you are looking for a mortgage to purchase this type of home, Selectabroker can put you in touch with a consultant in your area who specialises in dual occupancy finance.
Our service is free and there is no obligation to proceed if you are not happy with the advice you are given so you have nothing to lose by sending us details of your requirements to see what we can do for you.
With a network of consultants across the country, capable of dealing with loan applications for all types of property financing.
We have been able to help thousands of people obtain finance in the past and we are sure that we will be able to help you too.
Whether you are interested in dual occupancy loans or any other type of mortgage.