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Can anyone tell me why mortgage companies dont like giving out mortgages on Rema Cement Houses?

3 replies

Shoshe · 21/03/2010 19:33

We have seen a lovely house, at a cheap price, found out it is cheap because it is made of Rema Concrete and it is hard to get a mortgage on it, any idea why?

OP posts:
OldLadyKnowsNothing · 21/03/2010 19:46

It seems that Reema HP houses are made of pre-stressed concrete. This thread seems quite informative.

Shoshe · 21/03/2010 19:53

Thank you OldLady, explains well, the house we are looking at is a ex prison wardens house, built when the prison was built, will have to look into it further.

OP posts:
OldLadyKnowsNothing · 21/03/2010 19:57

Good luck.

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