Selling a BISF House

With many types of non-standard house construction in the UK, you may be looking to sell a British Iron and Steel Federation (BISF) house.

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Your top questions when selling a BISF property

✅ Are BISF houses the same as all other types of prefabricated properties?

No, but some people commonly confuse BISF houses as being of the same quality and durability as other prefabricated homes. A BISF property is one constructed to the design sponsored by the British Iron and Steel Federation, and they are meant to be resilient houses that could have lifespans of hundreds of years, much like conventional brick homes.

✅ Do I need to renovate a BISF property before trying to sell it?

The answer depends on your own circumstances, because if you have the funds and time to spend on renovating your BISF home — for example by adding some cladding — then the work could help to make it more enticing to potential buyers. However, not all homeowners have months and money to spare on such work, and it’s not essential before selling the house.

✅ Will I be required to pay fees for selling my BISF property?

You might, depending on how you choose to sell it. If you use a property auctioneer or an estate agent to sell your BISF home then you can expect to pay them commission, which will reduce your total sale profit. But if you sell your house to a fast buyer like LDN Properties, which does not charge any fees, you will be guaranteed to receive the full proceeds from the sale.

✅ How long will it take to find a buyer for my BISF house?

This also depends on the method you use for selling, because an estate agent can take a number of months or even a full year or more to find a buyer for the property. Selling via an auction might take at least a couple of months. And using a fast home buyer can be the quickest option on average, because they can usually finalise the sale in just a few short weeks.

✅ Are there any advantages with owning a BISF property?

Yes. Even though BISF homes have received some criticism over the years for their durability, the potential presence of asbestos, and other factors, there are still some advantages of owning such a property. For example, they are often situated in prime locations including city centres, and some buyers find them very attractive to use as potential rental properties.

✅ Is living in a BISF house considered to be dangerous?

No. Unfortunately, BISF homes have received some criticism in the past by people who consider the properties to be cheaply built and not safe to live in. But the truth is that BISF properties were designed as sturdy homes that were meant to last for hundreds of years, and there are typically no specific dangers of living in a BISF house compared to a brick property.

✅ Is it impossible to get a mortgage for buying a BISF house?

No, although buyers often have significantly fewer options when they want to get a mortgage for a BISF house compared to brick properties. Many lenders see BISF homes as riskier investments, due to fears about their stability and lifespan. As such, owners of BISF homes might want to sell to fast home buying companies to avoid any mortgage complications.

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