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Obtaining a mortgage on property prone to flooding

wicklow_hunter · 2013-05-02 12:48:23

Hi Has anyone any experience or finding it difficult obtaining a mortgage on a property that is prone to flooding ? Are there criteria that the property has to meet before a mortgage can be drawn down - i assume there would be questions asked during the banks valuation. The property is 20m from a river and flooded a few…

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02-05-2013 1:48pm

#1

wicklow_hunter

Registered Users Posts: 156 ✭✭

Join Date: March 2009

Posts: 105

Hi

Has anyone any experience or finding it difficult obtaining a mortgage on a property that is prone to flooding ?

Are there criteria that the property has to meet before a mortgage can be drawn down - i assume there would be questions asked during the banks valuation.

The property is 20m from a river and flooded a few years ago

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