What is a PRC Property?

PRC is Precast Reinforced Concrete or Non-standard construction property. No longer popular but it used to be. It was cheap and quick to put up.

What is the Problem?

Lenders do not like it!

Why?

• It is prone to failure & concrete cancer!

• Resulting in expensive structural work

• Which must be carried out by a specialist

• This can mean loss of value

• There may be difficulty on resale

• Buyers cannot mortgage it

Is there a solution?

Yes, but it’s not quick or easy!

Read more here…

https://www.comparemymove.com/advice/buying-a-home/what-is-a-prc-property