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Heritage overlay properties

Discussion in 'Property Finance' started by melbournian, 17th Feb, 2016.

  1. melbournian

    melbournian Well-Known Member

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    2nd Sep, 2015
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    1,331
    Location:
    melbourne
    i was going through a few inspections which had heritage overlays no much restrictions but I read some lenders do not prefer to lending to properties with heritage overlay ?
     
    Last edited: 17th Feb, 2016
  2. Propagate

    Propagate Well-Known Member

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    18th Jun, 2015
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    Location:
    Melbourne
    Our house has a heritage overlay, we've had 2 different banks provide the finance over the years and several equity releases back up to 80% - has never been an issue so far. Might be different over 80% or in different postcodes, but for us it has never been a problem.
     
  3. Gockie

    Gockie I'm an ISTP-A female, so I might be a bit quirky! Premium Member

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    Location:
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    No issue with mine either but we weren't taking on a loan of more than 80%. Seems that the home insurance through the bank is extremely reasonable too, which surprised me.