There has been some concern by the Registered Providers (RP) over the suitability of properties under the Mortgage Rescue Scheme which are of a 'non-traditional' method of construction. The current guidance is to take each property on its own merits and to look at the overall cost of the works that are required to bring the property up to decent homes standard. The most common problem is the lack of thermal insulation and the costs incurred in increasing the efficiency of the property.
The RP should also consult their insurers to make sure the property can be covered for all risks. In respect of the suitability of the property to be charged at a later date, the Council of Mortgage Lenders (CML) has a guide to the various forms of construction and the potential issues from a lender's point of view which can be obtained from this link www.cml.org.uk/cml/policy/issues/107.