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Mortgage lenders nervous

Series: Inside Housing ; 13 February 2004, 10(1)Publication details: 2004Subject(s): Summary: A report investigating the UK's off-site manufacturing industry in relation to housing construction has caused concern among mortgage lenders. "Manufacturing excellence: UK capacity in offsite manufacturing", published by the Housing Forum, supports the use of prefabricated components in house building. However, mortgage lenders want an independent assessment of such buildings before they guarantee their future mortgageable value. "Manufacturing excellence" is available at http://www.constructingexcellence.org.uk/sectors/h ousingforum.

A report investigating the UK's off-site manufacturing industry in relation to housing construction has caused concern among mortgage lenders. "Manufacturing excellence: UK capacity in offsite manufacturing", published by the Housing Forum, supports the use of prefabricated components in house building. However, mortgage lenders want an independent assessment of such buildings before they guarantee their future mortgageable value. "Manufacturing excellence" is available at http://www.constructingexcellence.org.uk/sectors/h ousingforum.