PRC Mortgage

PRC Mortgage

Black Country Mortgages have been arranging mortgages and finance on PRC houses since 2004. The PRC mortgage market is very complex, and we pride ourselves in giving straight forward mortgage advice with a professional service. We currently use a reputable high street lender, who can offer a mortgage to purchase and repair you PRC property with one mortgage. The lender offers a large range of competitive products to choose from.

PRC Mortgages are released in 2 stages:

1. To purchase your home from the local authority or housing association.

2. Is to pay for the PRC repair when the work is complete and the PRC Certificate has been issued.

Black Country Mortgages can also arrange a purchase only mortgage for certain PRC property types in certain areas. Please remember that you will be under no obligation and our advice is free.

If you are looking to purchase your home under the Right to Buy scheme please visit our Right to Buy page for more information.

Black Country Mortgages is Authorised and Regulated by the Financial Conduct Authority.

Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage. The overall cost for comparison is 5.6% APR. APR variable and based on a usual case. The actual rate available will depend on your circumstance. Ask for a personnel illustration. Early repayment charges will apply. They will vary depending on the mortgage you chose. Adding Existing debt to your mortgage will both extend the repayment term and increase the overall cost of the debt. There will be a fee for arranging a mortgage which is payable on completion, the precise amount will depend upon your circumstance but we estimate it will £495.00. Black Country Mortgages is a trading style of N M Hadley