Mortgage - Home Mortgage, Mortgage Loans, Rates, Calculators, Mortgage Brokers, Credit, Landers  

Go Back   Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How

Barn Conversion Finance Posted By : Peter White | My-Mortgage.org

This is a discussion on Barn Conversion Finance Posted By : Peter White | My-Mortgage.org within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; Tuesday, December 9th, 2008 @ 5:52 am | Mortgage · Powered By CbproAds · Barn Conversion Finance Posted By : ...


Google Ads
Advertisement

Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 12-09-2008, 11:40 AM
Administrator
 
Join Date: Oct 2007
Posts: 44,600
Your Earnings US $: 186,993.90
How To Earn By Posting?
Default Barn Conversion Finance Posted By : Peter White | My-Mortgage.org

Tuesday, December 9th, 2008 @ 5:52 am | Mortgage · Powered By CbproAds · Barn Conversion Finance Posted By : Peter White Details and information on how to fund or finance a diss used or derelict barn to convert it in to a family home b.../b

More...

(Source: Google Blog Search)
Reply With Quote
  #2 (permalink)  
Old 07-15-2009, 07:25 AM
Junior Member
 
Join Date: Jul 2009
Posts: 16
Your Earnings US $: 3.36
How To Earn By Posting?
Default Barn Conversion Finance Mortgage

If you take a look at most of our rural areas you will be amazed to see just how many farm lands have run down barns on their land ideal for renovation or converting from a disused barn to a stylish and exclusive family home.

Obviously the first trick is to find such a barn, many landowners will offer such properties through the normal channels such as estate agents and auction houses however there is no substitute for actually going out into the area you would like and seeing just what is lying in a derelict state or simply not really used.

When a suitable project is located the first most obvious question is does planning permission exist to convert the barn to a residential property, if not extreme caution is needed as the local council may decline any new proposal leaving you with a barn but very little scope for development and possibly a complete waste of money.

Last edited by Mortgageexprt; 07-15-2009 at 07:27 AM..
Reply With Quote

Tags
barn, conversion, finance, mymortgageorg, peter, white


Similar Threads
Thread Thread Starter Forum Replies Last Post
Mortgage Lending Falls « Peter Payack Finance Administrator Mortgage Know-How 0 12-08-2008 02:01 PM
Mortgage rescue plan for homeowners « Peter Payack Finance Administrator Mortgage Know-How 0 12-08-2008 02:01 PM
White people like to blame problems caused by white people on non ... Administrator Mortgage Problems and Solutions 0 10-04-2008 02:45 PM
The Other Door of the Mortgage Barn About to Close Administrator Mortgage Know-How 0 02-17-2008 05:43 AM
The Fed's plan for closing the subprime barn door Administrator Mortgage Know-How 0 12-19-2007 06:10 AM


Bookmark this thread
Share |

Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Discussion Barn Conversion Finance Posted By : Peter White | My-Mortgage.org in printable format

All times are GMT. The time now is 12:54 AM.


Loans & Mortgage Forum :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Archive