Mortgage lenders today will not lend on PRC Houses unless there is an appropriate PRC completion certificate in place. A PRC completion certificate verifies that the property as been repaired to a recognisable standard, which is normaly a license scheme which was approved by PRC Homes Ltd when They were in existence.
Many ex local authoritiy PRC Houses have been repaired at one time and another by the local authority but unfortunately many local authorites never issued an appropriate PRC Certificate.
Mortgage lenders accept that some properties were never issused with a PRC completion Certificate and some of these certificates have been lost and missed place over time and as a result will accept Retrospective PRC Certificates which are an after works certificate which confirms the repair scheme used on the property and that the property.
There are specialist firms who can arrange the issuing of Retrospective PRC Certificates, for more information on PRC certificates and how to obtain one for your PRC house it would be worthwhile visiting http://www.retrospective-prc-certificate.co.uk/ or our main website http://www.defectiveproperties.com/
