Go to Generation Home
All Collections
The House Hunt
The House Hunt
What should I look for when viewing properties?
R
+1
27 articles in this collection
Written by
Roshni Patel,
Sophia Guy-White,
Millie
and 1 other
Can I have a lodger?
Please reach out to us if you plan on having a lodger living in the property.
Written by
Millie
Updated over a week ago
What do I need to consider when viewing properties?
Handy hints and tips to consider before falling in love with a property.
Written by
Millie
Updated over a week ago
Mortgage in Principle
What is a mortgage in principle?
Also known as an agreement in principle or a decision in principle.
Written by
Sophia Guy-White
Updated over a week ago
What do I do with my mortgage in principle?
You can take your mortgage in principle (MIP) with you when you view properties to show the estate agents or the sellers.
R
Written by
Roshni Patel
Updated over a week ago
Property Criteria
Property Criteria: What properties do you accept?
At Generation Home, we offer mortgages on a range of different properties. Explore our property criteria below:
Written by
Sophia Guy-White
Updated over a week ago
Getting a mortgage on a flat roof property
Can you get a mortgage on a flat roof property? Yes, depending on the valuation. Learn more about getting a mortgage on a flat roof home.
Written by
Sophia Guy-White
Updated over a week ago
Do you offer mortgages on auction properties?
No, we do not offer mortgages on any sort of auction property.
Written by
Sophia Guy-White
Updated over a week ago
What renovation can be done to the property?
On completion, we require the property to be habitable. This means that we cannot lend on any property that requires major renovation.
Written by
Millie
Updated over a week ago
Do you offer mortgages on ex-council properties?
We are able to lend on ex-council properties, provided they meet our minimum value requirements below.
Written by
Sophia Guy-White
Updated over a week ago
Do you offer mortgages on probate properties?
We can offer mortgages on probate properties once probate has been granted.
Written by
Sophia Guy-White
Updated over a week ago
I run a home business, can I apply?
Looking for a bigger office to work from home in?
Written by
Alison
Updated over a week ago
New Builds
Getting a mortgage for a new build home
Things to keep in mind when purchasing a new build home.
Written by
Sophia Guy-White
Updated over a week ago
Can my new build property still be valued if it isn't finished?
How you can move forward if you're buying an unfinished new build property.
Written by
Millie
Updated over a week ago
What are new build warranties?
What they do and don't cover
Written by
Sophia Guy-White
Updated over a week ago
Can warranties impact my mortgage application?
Yes! It’s a condition of most mortgage applications that a warranty must be in place if you’re buying a newly built home.
Written by
Sophia Guy-White
Updated over a week ago
Freehold vs Leasehold
What are the differences between freehold and leasehold?
Most flats and maisonettes are leasehold, most houses are freehold but always double-check with your estate agent.
R
Written by
Roshni Patel
Updated over a week ago
What is a service charge?
What do I need to know about service charges?
Written by
Millie
Updated over a week ago
Lease extensions
What is a lease extension and what does this mean for your mortgage application?
Written by
Millie
Updated over a week ago
What is ground rent?
Ground Rent is a fee you pay to the freeholder that owns the land on which your property is built.
Written by
Alison
Updated over a week ago
Surveys & Valuations
Valuations
Find out about the different types of valuations and property surveys.
Written by
Alison
Updated over a week ago
What are property surveys, and what do they include?
A survey is a detailed inspection of a property’s condition, intended to flag any problems such as unstable walls or faulty wiring.
Written by
Millie
Updated over a week ago
What does a surveyor do?
A property survey is an inspection carried out by a qualified surveyor. They will record any problems with the building or surrounding land.
Written by
Sophia Guy-White
Updated over a week ago
How to raise a valuation appeal
To raise a valuation appeal, the surveyor will need some further information on 3 recently sold properties.
Written by
Sophia Guy-White
Updated over a week ago
Down valuation guide for buyers
Down valuation is when a property has been valued at less than you expected. Read our down valuation guide for buyers to secure a mortgage.
Written by
Millie
Updated over a week ago
Cladding
Do you lend on properties with cladding?
We will require a mortgage valuation to take place to confirm if we could lend on the property.
Written by
Alison
Updated over a week ago
What is an External Wall System Surveys (EWS1) form?
What is an EWS1 form? EWS1 certificates state when an external wall system passes a safety review. See if you need one for your mortgage.
Written by
Alison
Updated over a week ago
Valuing a property with cladding
If you're looking to buy a leasehold property that has cladding on the building, the valuer may need to see an EWS1 form.
Written by
Sophia Guy-White
Updated over a week ago