- Can I get a mortgage for a log cabin ?
- How do I get a mortgage for a log cabin?
- How can I get finance for a log cabin?
- Get Your New Office with humm by flexifi Finance
As the world and your working environment changes, is it time to invest in a permanent location to work from home in your garden? Loghouse Log Cabins offer cabin finance options up to €30,000 making it easy to get the log cabin you need to work effectively.
Since early 2020, there has been a radical shift in the way people work. With lockdowns and social distancing being required to keep people safe, it seems as though the whole world has changed. Working environments may never go back to how they were before, and working from home is much more common than ever before.
While changes are constantly happening, returning to the “old” way of working may not happen for a long time, if at all. It’s much more convenient to work from home for most people, cutting down on travel time and expenses, but you may have struggled to find a dedicated spot in your home for work.
Getting a log cabin is a great choice, but there may be something that is stopping you from taking the plunge – the price. With all things considered, log cabins aren’t that expensive, but finding the money upfront can be an issue. Just as with a home purchase, the primary question people ask is can I get a mortgage for a log cabin?
Can I get a mortgage for a log cabin?
A mortgage is normally used to purchase a home, whether it is a house or an apartment (or something similar), so you might consider a mortgage for a log cabin to be the right option – after all, it is possible to live in a log cabin, and the major difference is just the construction material.
However, the legal definition of a mortgage means that you are unlikely to get a product called a “mortgage” for a log cabin. But all is not lost! You will indeed be able to obtain finance to facilitate your purchase. This means that you don’t need to find all the money upfront, but will instead be making regular monthly payments to clear the balance. It’s essentially the same concept as a mortgage, but not strictly tied to the building itself in the same way that a mortgage is.
Using finance is an easy way to obtain a valuable item, such as a log cabin, without needing to spend a long time saving up. Just as the changes to life happened very quickly, you’ll be able to get a log cabin just as quickly – once your finance is in place, you simply need to order your log cabin and we’ll take care of everything for you.
You don’t need a deposit and for most people who apply, there is no finance application fee to pay.
How do I get a mortgage for a log cabin?
The equivalent of a mortgage for a log cabin is to obtain finance through humm by flexifi. Loans of up to €30,000 are available with flexible repayment plans with terms of up to 60 months. Interest rates are good, but the exact terms will depend on your individual situation.
Using humm by flexifi to finance a log cabin is a sensible choice as the process for applying is very simple. Plus, if your finance package is large enough, you can make multiple purchases with the same plan. If you only want to borrow €10,000 for your log cabin, you’ll have the option of up to a further €20,000 to spend on something else.
humm by flexifi finance plans work by allocating a total amount of finance to you that can be spent with one or more humm by flexifi partners, such as Loghouse. This allows you to make multiple purchases up to the total amount of finance that is made available to you, all repayable under the same agreement and terms.
How can I get finance for a log cabin?
Log cabin finance from humm by flexifi can only be obtained by people who meet certain eligibility criteria, but in the majority of cases, this isn’t a problem. Applicants need to be Irish citizens (or permanent residents of Ireland) and at least 18 years of age with a good credit history.
Further requirements are that you need a current credit or debit card, a form of photo ID (such as a passport, driver’s license, etc) and you must earn a minimum of €21,000 per year.
The application process is quick and you’ll find out if you have been approved within minutes. Should you not meet the lending criteria, you can reapply after 6 months.
Once you are approved, making a purchase is straightforward. You simply need to yourself by your name and phone number, and no other documentation is required to access the humm by flexifi finance for a log cabin. There’s no deposit to worry about and you can get your log cabin very quickly.
Get Your New Office with humm by flexifi Finance
Adapting to the new normal will be a much smoother process if you take control of your working environment. Log cabins offer numerous benefits for working from home, not the least of which is the ability to have a space that is only for working. This means that your day to day life doesn’t spill over into it, and you can walk out and close the door behind you once you’ve finished work.
Being unable to separate work and home life is one of the biggest problems for people working from home, and log cabin finance is the perfect solution to creating that separate space you need to work healthily and effectively.
You don’t need to get a mortgage to purchase a log cabin home office, but there are certainly options available that will make it possible for you to get the log cabin you need to work from home.
If you’d like to know more about getting your own log cabin office or how to buy one with log cabin finance, contact us today. Check out our latest blog post if you’re looking to for The Best Garden Room Gym Equipment to Stay Fit