Equity Release on Lang Easi-Form & Concrete Construction Homes

If your home is built using Lang Easi-Form, poured concrete, concrete panels or another non-standard system, you may have been told that your choice of mortgage or lifetime mortgage lenders is restricted. That does not automatically mean equity release is unavailable. Equity release on Lang Easi-Form and concrete construction homes can sometimes be considered, but the exact construction, condition, repair history and valuer’s comments are important.

Quest Finance deals with later-life lending cases involving unusual and non-standard properties. Rather than assuming a property is unacceptable because it is not conventional brick and tile, we can establish the construction type and check it against lenders prepared to consider more specialist security.

What is Lang Easi-Form construction?

Lang Easi-Form is a form of concrete construction used for a number of UK homes, including properties originally built for local authorities. The name of the construction system matters because lenders do not treat every concrete property in the same way. A lender may want to know whether the walls are poured in situ or formed from panels, whether alterations or repairs have been carried out and whether the property remains readily saleable in its local market.

Can I get equity release on a Lang Easi-Form house?

Potentially, yes. There is no single answer that applies to every property. Equity release on a Lang Easi-Form house will normally depend on the individual lender’s current criteria and the valuer being satisfied with the property as security. Specialist lifetime mortgage ranges can sometimes consider properties outside mainstream construction criteria.

What will lenders and valuers consider?

We would normally want the full address and postcode, approximate age, exact construction if known, whether the property is ex-local authority, details of any structural repairs or certification, and an estimated value. Photographs or a previous survey can also be useful where the construction is unusual.

A lender’s criteria can change and a positive initial view remains subject to underwriting and valuation. We therefore prefer to check the actual property rather than make a blanket promise based purely on its construction name.

What’s your question?

Have a Lang Easi-Form or concrete property and want to know whether it could be suitable for equity release? Get in touch and let’s discuss your particular property, location and postcode so we can get the construction checked against suitable lender criteria.

Call David on 07779 819891 or use our Later Life Mortgage Checker and enquiry form.