Does lender care if windows are boarded up

Hi,
I want to buy a cottage which is in OK condition except several windows are boarded up, and kitchen is missing a stove. Can find no online sales history so I suspect bank may want a full valuation, or perhaps look at the "for sale" photos, which clearly show what is lacking.
Will any lenders consider this, maybe at 80% LVR. It is way under market value, probably land value only.
I could try to put an option on it, and fix these things myself, which would not cost much. I know people do these things, but am hoping a lender out there may not be so picky. i.e. if works needed are just a few thousand $ and/or a quote is shown for work, would that suffice.
All ideas are welcome.

 

I had difficulty when I bought a burnt out house. Difficult to get lending if the property is not habitable. The price was land value. So borrowing 80% of land value. They agreed to the lend 2 weeks before settlement.

 

Needs a kitchen and bathroom. Will depend on the valuers comments

 

Stove taken out due to required replacement (or taken as condition of sale - amend contract appropriately).

Windows broken due to vandalism and price negotiated on that basis

 

Yes, but I don't want to put pressure on vendor in a tight market with a rock bottom price.
I DO want to get a loan with a minimum of hassle.
The windows do have glass on inside, so boarding is just to protect from vandals as it's empty. (Bogan shutters perhaps
I could just put a temp stove from junk yard in situ to satisfy valuer, then do kitchen reno later.
There IS a kitchen & bathroom, just no stove.
My main concern is getting a loan.
I did see an article suggesting some lenders will consider a construction loan for repair too.

 

You need it to be habitable. If the cost to make habitable is say $5K and you can show the lender you will have the extra $5K post settlement should not be an issue. This is assuming LMI is not involved if it is then I would not attempt.

 

Thanks for advice, have decided not to proceed as apparently a major reno is required. Shame, as profit would be huge, even after big reno costs.
Cheers.

 

I have had no issues with clients purchasing when missing a stove or with windows boarded, so long as the contract price reflects this