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This could lead to higher claims costs due to the expense of materials and labour.
What does it mean by non standard construction. Non-standard construction property doesnt necessarily mean that the property is at any risk but due to the fact that it is non-standard many mortgage lenders prefer to categorize it and offer non-standard construction mortgage which you may be more suited to the property. Common types of non-standard construction include timber buildings thatched buildings cob mundic asbestos corrugated iron concrete frame and concrete panel houses. 27092013 Diarmuid Kelly.
Non-standard homes are often found in common geographical areas where the construction materials are or have always been more easily available. Its basically cast concrete panels for walls. This can be quantified simply as a measure of time ex.
Lets take a closer look at the definition of the non standard house. For example selection of tile as a flooring may require an allowance for an underlayment material or an electrical allowance which sets aside an amount of money to be spent on electrical fixtures. Non-standard construction covers a huge category in the property world.
What is a non-standard construction property. If your property isnt built of brick or stone with a slate or tile roof it may be considered to be of non-standard construction. Non-Standard Construction Mortgages.
A non-standard construction is basically anything that falls outside of this definition. Properties of non-traditional construction can often be a source of concern for buyers and mortgage lenders alike as some suffer defects not found in the general housing stock and might require expensive repairs. Non-standard construction describes any dwelling that does not have brick or stone walls and does not have a roof thats constructed with tile or slate.
Below dpc is brickwork and the the roof is pitched and tiled. All I ask is the chance to prove that money cant make me happy. For example an employer m ay bring a.
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