A leaflet containing endorsements for timber frame housing from the UK’s top mortgage lenders has been published by the Timber Frame Industry Association (TFIA).
The Lenders Leaflet, which also has positive comment from the Association of British Insurers (ABI), can be used as a marketing tool by timber frame companies looking for new business.
Mortgage lenders said they treat modern timber framed properties as conventional construction and do not differentiate in lending terms between them and brick and block.
And the ABI says insurance companies generally draw no distinction between modern timber frame and brick and block construction in their premium rate assessment provided the external roof covering is also of tiles, natural or mineral slates or concrete.
