Homeowners who wish to add back-garden cabins must be cautious, as these temporary structures cannot qualify for mortgages, which only apply to 'immovable' properties. This raises legal questions about property ownership and potentially complicates the overall ownership structure. As a result, homeowners may need to consider personal loans as a financing option, but these often come with higher repayments and are not secured by the primary residence, which adds to the financial risk for homeowners.
Homeowners planning to install back-garden cabins are being told they won't get a mortgage for the temporary extension due to legal questions about ownership.
Mortgages can only be taken out on 'immovable' property, leaving many homeowners to explore personal loans with higher repayments as an alternative.
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