Key Advantages Over Older LGSF Properties
Modern LGSF builds differ significantly from outdated post-war systems. Today’s structures are precision-engineered, BOPAS and NHBC certified, fire-tested, and backed by robust warranties. These advancements significantly increase lender confidence in mortgage approvals.
Lenders Open to New-Build LGSF Properties
– Nationwide – Barclays
– Santander – TSB
– Lloyds Banking Group
– Virgin Money
Specialist Lenders:
– Ecology Building Society – Together Money
– Foundation Home Loans
– InterBay Commercial
Developer Partnerships:
– Homes England MMC schemes – Legal & General Modular Homes – Urban Splash + TSB
Key Mortgage Enablers
– BOPAS or NHBC Accreditation: Ensures long-term durability
– Structural Warranty (10-12 years): Build-Zone, NHBC, Checkmate – Certified LGSF Manufacturer: FRAMECAD, SPJM
– Fire & Structural Test Reports: Required for underwriting
– EPC A or B Rating: Eligible for green mortgages
Tips to Maximise Mortgage Success
– Use a warranty provider approved by UK Finance
– Highlight MMC/BOPAS accreditation early in applications – Use brokers experienced with MMC properties:
* BuildStore Mortgage Services * The Mortgage Hut
* Censeo Financial
– Leverage developer-supported finance when available
Summary
LGSF new builds with modern engineering, certification, and fire safety are increasingly accepted by lenders. SPJM’s use of advanced systems positions them well for mainstream mortgage approval when supported by structural warranties and compliance documentation.