Nick Gardner Quotes (3 Quotes)

Livework units are more difficult to secure mortgages on because the proportion of the property given over to commercial use is typically much higher. However, they are a growing trend and lenders have to adapt. Halifax, for instance, says it is happy to lend on livework units on a case by case basis.

Landlords are very bullish because they know there is still strong demand for rented accommodation. This stems from aspiring first-time buyers who cannot afford to enter the market.

Many people will also want to commission their own valuations or surveys before proceeding - which will make the packs partly redundant.