Timber frame construction is not traditional build. Does this restrict mortgage options and potentially higher insurance premiums? My limited research online suggests timber frame is the norm these days due to the sustainability benefits and faster construction times. Apparently 90% of new builds in Scotland are timber frame. Any private landlord here wiling to share their experience to help me?
Non-traditional construction does tend to limit both mortgage and insurance options. I would suggest you speak to a good broker for each in the first instance.
I believe there is a big difference between old and modern timber frame buildings. Older properties would certainly cause issues for mortgages but modern ones shouldn’t as they are built differently and is widely used for new builds now. They wouldn’t be building them if people couldn’t get a mortgage.
I bought a timber frame place that has no probs with insurance
Thanks @Colin3 @Richard19 @David122 ever so much for sharing your perspectives. I am re-assured and reaching out to folks for mortgage and insurance options.