Back | How it Works

Securing an excellent mortgage offer with Revolution Finance Brokers couldn't be easier

1Get in Touch

Complete a quick form to give us an overview of your mortgage or financing requirements, and we'll provide recommendations about the best opportunities for you.

2Submit Your Application

Once you've chosen your preferred mortgage deal, we'll steer you through the paperwork with comprehensive application management from start to finish.

3Mortgage Completion

Revolution Finance Brokers will finalise the details and enable you to move forward without delay!

Get Started

Back | About

About

Back | Insurance

Business Protection Insurance

Life Insurance

Building Insurance

Home Insurance

Mortgage Repayment Protection

Family Income Benefit

Critical Illness Cover

Back | Calculators

Commercial Stamp Duty

How Much Can I Borrow?

Buy To Let

Bridging Loan

Residential & Commercial Bridging

Mortgage Repayment

Development Finance

Commercial Mortgage

Back | Your Mortgage Position

Your Mortgage Position

Bad Credit

Bridging

Buy to Let

Development Finance

Self Employed

Mortgage for professionals

Equity Release

Expat mortgages

Interest Only

Mortgage Affordability

Mortgage Application

Income Types

Residential Mortgages

Commercial Mortgages

Property Types

Remortgages

First Time Buyers

Mortgage Declined

Offset Mortgage

Other

Back|Bad Credit

Bad Credit Mortgages

Mortgage for Applicants with Bad Credit

Mortgage with Defaults on Your Credit

Buy to Let Mortgage With Bad Credit

Mortgages for Debt Consolidation

Finding a Mortgage with Poor Credit

Mortgage Interest Rates with Bad Credit

Mortgage After Repossession

Getting a Mortgage After Payday Loans

Avoiding Repossession

Subprime Mortgages

Bridging Loan with an Adverse Credit

Mortgage with a CCJ

Mortgage with Credit Card Debts

Adverse Credit Mortgage Online

Self-Employed Mortgage with Bad Credit

Shared Ownership Mortgage with Adverse Credit

Right to Buy as a Bad Credit Applicant

Commercial Mortgages for Bad Credit Borrowers

Deposit Requirements for Bad Credit Mortgages

Finding a Mortgage Offer After Rental Arrears

How Can I Repair my Credit Score to Get a Mortgage?

How Does the Help to Buy Scheme Work for Bad Credit Applicants?

How to Decipher Your UK Credit Reports

How to Qualify for a Mortgage with Zero Credit Score

How to Secure a Bad Credit Buy to Let Mortgage

Is it Possible to Find a Mortgage After Bankruptcy?

Joint Mortgage Applicant Has Bad Credit

Back|Bridging

Bridging Finances

Auction Finance

Fast Bridging Finance

Low-Cost Bridging Loans

Bridging Loans Guide

Bridging Loans for Residential Homes

Bridging Loan at 100% Loan to Value?

Commercial Bridging Finance

Bridging Loan with Adverse Credit

Fast Bridging Finance

Financing a Property Purchase at Auction

Finding Regional UK Bridging Loans

Financing an Auction Property Purchase

Bridging Finance for Land Developments

Long & Short Term Bridging Finance

Bridging Finance on Rental Investments

Bridge to Let Mortgage Borrowing

Using Bridging Finance for Development Projects

Back|Buy to Let

Buy to lets

Buy To Let Mortgages for Expats

Buy To Let Refurbishment Mortgages

Buy to Let Interest-Only Mortgages

Changing Your Mortgage to Buy to Let

Mortgages for Buy to Sell Investments

Company Mortgages for SPVs

Stamp Duty for Buy to Let

HMO Finance

LTD Company Property Finance

Holiday Let Mortgages

Holiday Let Mortgages 80 LTV

Repayment Mortgage for Buy to Let

Buy To Let Mortgages For New Builds

Buy to Let Mortgages Guide for Investors

Buy To Let Mortgage With Poor Credit

Let to Buy

BTL UK Portfolio Mortgages

Portfolio Landlord Mortgages

Property Refurbishment Finance

Best Buy to Let Mortgages: 75% LTV

Buy to let 80% LTV Mortgages

Buy to Let Remortgage

Securing BTL Mortgage Quotes & BTL Agreement

Buy to Let Mortgages for First Time Buyers

Buy To Let Mortgages For Retiree Landlords

Back|Development Finance

Development Finance

Development Finance Explained

Guide to Construction Finance

Development Exit Finance

Why Location Matters in Development Finance Applications

Development Finance for Residential Properties

Finance a Property Development with No Deposit

Development Finance Applications

Development Finance ROI

Checklist of Considerations before you Develop Your First Propertyce

Development Finance FAQs

Lender Criteria for Development Finance

Back|Self Employed

Self Employed Mortgages

Company Director Mortgages

Mortgages for LLPs

BTL Mortgage If You Are Self Employed

Self-Employed Mortgage After 2 Yrs Accounts

Mortgages For Newly Self Employed

Mortgage for Partnerships & Sole Traders

Mortgages for Self-Employed Accountants

Back|Mortgage for Professionals

Social Worker Mortgages

Foster Carer Mortgages

Mortgages for Armed Personnal

Finding a Mortgage for Doctors

Graduate Mortgages

Teacher Mortgage Options

Mortgages for Solicitors, Barristers & Lawyers

Mortgages for UK Professionals

Back|Equity Release

Lifetime Mortgages

Equity Release With & Without Mortgage

Equity Release with a Mortgage

Interest-Only Equity Release Mortgages

Home Reversion in Equity Release Financing

Analysing Equity Release Product Safety

Equity Release as a Retirement Strategy

Repaying an Equity Release Mortgage Early

Back|Expat Mortgage

Expat Remortgages for UK Nationals

Finding a UK Mortgage Broker as an Expat

Expat Mortgages for UK Nationals

Buy To Let Mortgages for UK Expats

Mortgage Calculator Guide for Expats

Back|Interest Only

Interest-Only Lifetime Mortgages

Switching Your Mortgage to Interest-Only

Part Repayment & Interest-Only Mortgages

Repayment vs Interest-Only Mortgages

Interest-Only Mortgage for First-Time Buyers

Secured Interest-Only Home Loans

Interest-Only Retirement Mortgages

Interest Only Mortgages

Repayment Vehicles for Interest Only Mortgages

Back|Mortgage Affordability

Mortgage on 5.5 x Salary

Mortgage on a Single Income

Mortgage with an Overdraft

Mortgages on 4 - 4.5 x Salary

Mortgage based on Salary

Mortgage on a Single Income

Requirements for a £350,000 Mortgage

Mortgages at 6 x Income

Affordability Check for a Mortgage Application

How Do Mortgage Affordability Checks Work?

Back|Mortgage Application

Mortgages for Individuals

Friends or Family Members

VISA Mortgages

Foreign National Mortgage

Multiple Applicant Mortgages

Single Parent Mortgage

Mortgage Application Process

Mortgage Agreement in Principle

Joint Applicant, Sole Proprietor Mortgages

Single Parent Mortgage

Joint Mortgage Applications

Rejected Mortgage Application

Back|Income Types

Mortgage with Non-Mainstream Income

Mortgage on a Temporary Work Contract

Mortgage on a Zero Hours Contract

Mortgages for Part-Time Workers

Mortgage Applications Based on Pension Income

Mortgage Options for Gambling Income

Mortgages for Freelancers & Self-employed

Mortgages for Contractors with Variable Income

Mortgages for Agency Staff Employed Through an Umbrella Company

Back|Residential Mortgages

Back|Commercial Mortgages

Commercial Property Finances

Commercial Mortgages

Property Investment Finance

Commercial Remortgages

Semi Commercial Mortgage

Interest Only Commercial Mortgages

Mortgages For Flats Above Shops

Mortgaging Land Purchases

Portfolio Landlord Mortgages

Mortgages with Bad Credit

Mortgages for Land Investments

Mortgages for Pub Businesses

Large Commercial Mortgage

Bridging Loans for Commercial Mortgages

Mortgages for Large Investments

Commercial Mortgages for B&Bs

Mortgages for Dental Practices

Mortgages for Pharmacies

Remortgaging Commercial Property

Care Home Commercial Mortgages

Second Charge Mortgages

Business Through Mortgage Lending

Deposits on Commercial Mortgages

Hotel Mortgages

Affordability Criteria in Commercial Mortgages

Pros & Cons of Commercial Mortgages

Buy to Let Mortgages for Businesses

Mortgage Terms on Commercial Lending

Asset Finance & Working Capital

Unsecured Business Loans

Business Expansion Finance

Invoice Finance

Partnership Buyout Finance

Hire Purchase

Lease Purchase

Back|Property Types

Mortgage Rates on New Constructions

Timber Framed House Mortgages

Home with Identified Asbestos

Mortgage on a Maisonette

Property with a Deed of Covenant

Mortgages on Non-Standard Developments

Mortgages on Single Brick Properties

Eco-Friendly Home Mortgages

Ex-Local Authority Flat

Flying Freehold Mortgage

Thatched Roof Property

Flat Mortgages for High Rises

Studio Flat Mortgage

Mortgage on a Home with a Flat Roof

Mortgage Survey Undervalues Your Property

Properties in Flood Risk Areas

Mortgage Lending on Homes with Annexes

Steel Framed House Mortgages

Mortgages for Concrete Properties

Mortgages for Leasehold Properties

Mortgaging a Cottage Property

Mortgage for below Market Value

Repossession Property Purchase

Planning Permission for British Properties

Mortgage on a Home Adjacent to Commercial Properties

Back|Remortgages

Back|Mortgage Declined

How To Deal With Having A Mortgage Declined On Affordability

Finding a Solution When You Have Had a Mortgage Declined Post-Valuation

Help for Homebuyers Who Have Had a Mortgage Declined After Agreement in Principle

Tips and Advice on Proceeding If You Get Declined for a Mortgage After Exchanging Contracts

What to Do if You Have Had a Mortgage Application Declined

Back|First Time Buyers

First Time Buyers

Deposit Requirements

First Time Buyer Guarantor Mortgages

Applying for a First-Time Buyer Mortgage

First-Time Buyer Mortgages With a 10% Deposit

Finding a First Time Buyer Mortgage With a 5% Deposit

First-Time Buyer Stamp Duty and Mortgage Costs

Back|Offset Mortgage

How To Find the Lowest Fixed Rates on Offset Mortgages

What is a Flexible Mortgage - And Who is It Best Suited To?

Offset Mortgages Rated - Pros and Cons

Average Rates on UK Offset Mortgages

What Are Cashback Mortgages - and How Do They Work?

Guide to Understanding UK Offset Mortgages

Is a UK Current Account Mortgage Right For You?

Guide to Offset Mortgage Online Calculators

How Family Offset Mortgages Work

Mortgage Reserves - How an Offset Works

Back|Other Mortgages

Second Charge Mortgages

Applying for a Mortgage With a New Job

Mortgages for Uninhabitable Property Purchases

Can I Mortgage a Contaminated Land Investment?

Can I Mortgage a Listed Grade Two Property?

Can I Get a Mortgage While on Maternity Leave from Work?

How Does a Public Footpath Impact My Mortgage Chances?

How Many Mortgage Products Can I Have Simultaneously?

What Deposit Sources are Acceptable in the UK?

What Sort of Homeowner Loan Am I Eligible For?

Complete Guide to the UK Mortgage Process

How Can a Broker Improve My Mortgage Eligibility Assessment?

Mortgaging a Cottage Property

Can you get a great mortgage on a charming cottage - and why might a specialist lender be a far better prospect than your mainstream bank?

Let’s Get Started Ask a question

Discover What Our Customers

Have to Say!

About your mortgage

Single or joint mortgage?

Single

Joint

What’s your yearly income?

Error: Yearly income income must be between £1 and £10,000,000.

Do you receive a regular bonus?

Error: Regular bonus must be between £1 and £10,000,000.

Based on your yearly income,

you may be able to borrow

This calculator is an estimation of how much you could borrow. If you’re ready to take out a mortgage, speak to a Revolution brokers to see what options are available.

£0

Most lenders will let you borrow 4.5 times your annual salary so, as long as you have a standard 10% deposit, you should be able to borrow this much.

£0

Depending on your personal circumstances, some lenders may let you borrow 5 times your salary.

£0

Lenders usually cap the amount they lend at 5.5 times your salary, so it’s unlikely you’ll be able to borrow more than this.

Get A Quote

Almas Uddin

Founder and Mortgage Advisor

2023-05-09

Mortgaging a Cottage Property

Cosy rural cottages and period homes are an aspiration for many homebuyers. However, cottages can present a few challenges in the mortgage application process!

Here we'll explain what to look out for when buying a cottage, and the lending criteria you are likely to encounter.

For professional advice from an independent brokerage team, contact Revolution on 0330 304 3040, or email us at [email protected].

Are Cottages More Difficult to Mortgage Than Other Properties?

Not necessarily, but they can be. The general criteria around affordability and deposit requirements all apply, but a lot relates to the type of cottage, construction materials, and location.

Very remote locations are always considered high risk. Likewise, you'll find it harder to mortgage a cottage in a flood zone, a thatched cottage, or a property needing significant renovation through a high street bank.

Already Interested, Let’s Get Started!

The following

topics are

covered below

What are the Requirements for Securing a Mortgage on a Cottage?

Are There Mortgages Available on Cottages with Thatched Roofs?

What Questions Should I Ask Before Purchasing a Cottage?

Can I Get a Mortgage to Buy a Cottage Overseas?

Professional Assistance with UK Cottage Mortgages

Show less

Why Revolution Brokers?

Whole of market brokers

Mortgage that suits you

On time customer support

What are the Requirements for Securing a Mortgage on a Cottage?

The good news is that Revolution Brokers works with many specialist lenders, who offer non-standard property lending and have experience in countryside homes.

Lenders will consider:

Whether you are buying a cottage as a second home. Many applicants buy a cottage as a holiday home or weekend residence. In this case, you will need to demonstrate affordability if you have an existing mortgage on your primary home.
Whether the cottage is residential or a buy to let. If you intend to rent out your cottage, either all the time or when you are not using it, you will need a buy to let mortgage. The terms are relatively similar, but you will usually need a higher deposit and demonstrate that the rental income will cover at least 125% of the mortgage payments, and sometimes more depending on your tax bracket.
Whether you are investing in a cottage as a holiday let. This is similar, but not identical to a buy to let scenario. In this case, you need a specialist holiday let mortgage, which has comparable affordability criteria.
Whether the cottage needs significant renovation. Cottages are nearly always period properties and need modernisation works. If you are buying a cottage that is not currently habitable, it may be impossible to get a mortgage. An alternative is to consider a bridging loan to finance the repair works, and refinancing on a traditional mortgage when complete.
Whether the cottage is in a conservation area, or a listed building. If you buy a listed building, a lender will carefully consider the restrictions on what you can do and whether that is likely to impact the home's resale value.
What materials the cottage is made from. Cottages may have a thatched roof or a steel frame and vary from the typical bricks and mortar house building materials. In this situation, you may need a specialist lender with experience in non-standard properties.

Are There Mortgages Available on Cottages with Thatched Roofs?

Yes, but this will almost certainly fall into the non-standard property sector and need a niche lender.

Thatched roofs are riskier because they need replacing periodically, carry maintenance costs, and present a higher fire hazard.

Therefore you might find that you need a larger deposit, or are offered less competitive interest rates than on a property with a regular tile roof.

What Questions Should I Ask Before Purchasing a Cottage?

Of course, there are thousands of different types of property. Before going ahead with a purchase, we recommend you consider:

The structure and title deeds. A full structural survey is vital, and you need to know whether there are any maintenance issues, such as damp. If the property is listed, you will also need a Listed Building Survey.
The condition of the property. An older cottage can need considerable repairs and renovations. You should budget for those renovation costs in your mortgage application.
Energy efficiency. Most period homes are not energy efficient and can cost more to heat as well as being harder to mortgage. You could consider upgrades to the property to make it more energy-efficient.
If the property has a thatched roof, you will need to have electrical checks carried out along with the survey, with an expert assessment of the roof's condition. The seller should also advise on when the thatch was last replaced or repaired.

Bear in mind that thatched roofs need replacing around every 30 years, and you will need specialist insurance that may be significantly more expensive.

Many thatched cottages are also listed and protected by English Heritage.

Can I Get a Mortgage to Buy a Cottage Overseas?

Potentially, yes. You can buy a cottage abroad, but there are also considerations:

You will need a reliable Conveyancing solicitor with knowledge of the local property laws in your intended purchase location.
Residency and visa rights may impact how many times you can visit per year, and for how long.
Property taxes can be steep in other countries, so you need to check what these are before you purchase.

Professional Assistance with UK Cottage Mortgages

If you have your heart set on a period home, but have been turned down for a mortgage, or are interested in moving to the country and need help finding the most affordable lending, the business finance broker team can help.

Give us a call on 0330 304 3040, or send a message to [email protected]. We will consult on your circumstances, and the property you wish to buy and recommend the best lenders to apply to for the mortgage you need.

Almas Uddin

Founder and Mortgage Advisor

Explore Our Presence

Securing an excellent mortgage offer with Revolution Finance
Brokers couldn't be easier:

Revolution Mortgage Brokers:100% 100%

Independent & Whole-of-Market

As specialist mortgage brokers for a huge variety of applicants, the whole-of-market consultants at Revolution provide access to an exceptional range of lenders, products and mortgage deals. That means you get the advantage of professional negotiation and broker-exclusives through an established lending network to ensure we always find you the most competitive mortgage available.

About our whole market brokers

Refer, Relax

andget £50

If you refer a friend for a mortgage or anytype of finance you’ll both receive £25 each when their new application successfully completes.

Know more!

We are proud
members of the:

FCA disclaimer

The content included in our articles, blogs, web pages and news publications is based on information accurate at the time of writing. Note that policies and criteria can change regularly throughout the UK mortgage lending market, and it remains essential to contact the consultation team to receive up to date guidance. The information included on the Revolution Brokers site is not bespoke to any circumstances or individual application scenarios and therefore is not intended to be used as financial advice. The content we share is designed to be informative and helpful but cannot be relied upon to provide individual advice relevant to your mortgage requirements. All Revolution team members are fully qualified, trained and experienced to provide mortgage advice of an independent nature.

We collaborate with lenders and providers who are regulated, authorised and registered with the Financial Conduct Authority (FCA). Should you require specific mortgage borrowing types, some products such as buy to let mortgages may not be FCA regulated. The Revolution team can provide further information about regulated and unregulated lending as required. Please remember that a mortgage is a debt which is secured against your home or property. Your home can be at risk of repossession if you do not keep up with the repayments or encounter any other difficulties in managing your mortgage borrowing responsibly. This also applies to any remortgage or home loan secured against your property, including equity release products.

Ask the Expert

Mortgage Brokers

Revolution Mortgage Brokers understands that mortgages can be complex and confusing! Ask us any question you might have, and one of our skilled consultants will come back to you as quickly as possible.

Get Started Call 0330 304 3040 Mon - Fri: 9am - 6pm

Find out more about us

Mortgaging a Cottage Property

Discover What Our Customers

About your mortgage

Based on your yearly income, you may be able to borrow

Mortgaging a Cottage Property

Are Cottages More Difficult to Mortgage Than Other Properties?

What are the Requirements for Securing a Mortgage on a Cottage?

Are There Mortgages Available on Cottages with Thatched Roofs?

What Questions Should I Ask Before Purchasing a Cottage?

Can I Get a Mortgage to Buy a Cottage Overseas?

Professional Assistance with UK Cottage Mortgages

Whole of market brokers

Mortgage that suits you

On time customer support

What are the Requirements for Securing a Mortgage on a Cottage?

Are There Mortgages Available on Cottages with Thatched Roofs?

What Questions Should I Ask Before Purchasing a Cottage?

Can I Get a Mortgage to Buy a Cottage Overseas?

Professional Assistance with UK Cottage Mortgages

Further Reading

Bungalow Mortgages & UK Rates

Can I Get a Mortgage on a Home with Identified Asbestos?

Can I Get a Mortgage on a Maisonette?

Can I Purchase a Property with a Deed of Covenant?

Construction Mortgages on Non-Standard Developments

Construction Mortgages on Single Brick Properties

Eco-Friendly Home Mortgages

Finding a Mortgage for an Ex-Local Authority Flat

Finding a Mortgage on a Property with a Flying Freehold

Finding a Mortgage on a Thatched Roof Property

Flat Mortgages for Homes in High Rises

Getting a Competitive Studio Flat Mortgage

Getting a Mortgage on a Home Adjacent to Commercial Properties

Getting a Mortgage on a Home with a Flat Roof

Home Loans on Properties in Flood Risk Areas

Mortgage Lending on Homes with Annexes

Mortgage Rates on Luxury UK Homes

Mortgages for Concrete Properties in the UK

Mortgages for Leasehold Properties

Mortgaging a Cottage Property

Mortgaging a Property Purchased at Under Market Value

Mortgaging Against a Repossession Property Purchase

Planning Permission for British Properties - the Revolution Guide

Steel Framed House Mortgages in the UK

The Best Mortgage Products for Apartments

Timber Framed House Mortgages

What To Do When a Mortgage Survey Undervalues Your Property

Explore Our Presence

Explore Our Presence

Refer, Relax

FCA disclaimer

Ask the Expert Mortgage Brokers

Contact

Social

Based on your yearly income,

you may be able to borrow

Ask the Expert

Mortgage Brokers