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New methods, new risks

By: Series: Roof ; 29(1) January/February 2004, 37(1)Publication details: 2004Subject(s): Summary: Considers, from the mortgage lender perspective, the drive following the Communities Plan towards innovative or non-traditional housing construction in the social rented sector. Outlines the history of non-traditional housing since the First World War and considers why lender experience of earlier generations of non-traditional house building has not been entirely happy. Notes that lenders to the social rented sector have recently funded a number of non-traditional schemes and lists the factors which lender concern will focus on. Suggests steps government must take to ensure that non-traditional construction can realise its potential without repeating the mistakes of the past.

Considers, from the mortgage lender perspective, the drive following the Communities Plan towards innovative or non-traditional housing construction in the social rented sector. Outlines the history of non-traditional housing since the First World War and considers why lender experience of earlier generations of non-traditional house building has not been entirely happy. Notes that lenders to the social rented sector have recently funded a number of non-traditional schemes and lists the factors which lender concern will focus on. Suggests steps government must take to ensure that non-traditional construction can realise its potential without repeating the mistakes of the past.