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Precast reinforced concrete or PRC houses are a type of non-traditional housing. They are not made from the conventional materials of brick or timber frames but are instead built with precast concrete panels. PRC properties will often be on the market at lower prices as not many lenders will be willing to grant mortgages on them, making them difficult to sell.
However, we can make your “defected property” mortgageable and potentially worth up to 50% more than when you originally purchased it. We are PRC Repair Specialists Reading at Bespoke Build Berkshire and no.1 Building Company Newbury. The repair process would include removing the external concrete walls and replacing them with a Thermalite block, insulation and a brick outer skin.
Mortgages for concrete build properties can be difficult to obtain as they are considered ‘non-standard construction’ houses, making them higher risk and therefore more difficult to sell and insure. Lenders will not accept a mortgage on a PRC house that has not had the correct repairs and an official PRC certificate.
Not only can we provide the necessary work but we can also provide the completion certificate. PRC certificate is the document that confirms the repair system has been successfully carried out which will enable you to either sell on your now traditional mortgageable property or remortgage your previously un-mortgageable property to take out capital to fund your next project.