Timber Framed Houses (Getting a Mortgage) (2024)

Timber Framed Houses

The Scandinavian Homes product is a timber frame passive house which is constructed off site and then delivered & assembled over 1 week on a traditional concrete raft. The internal finishes are then completed separately once the frame is up & roof on (similar to traditional build units). The houses are made of a traditional concrete foundation & are permanent structures.

A Coillte commissioned RED C poll revealed that 90% of Irish adults didn’t know the Irish Forestry Industry could supply enough wood to build over 44,000 new Irish homes per annum.

Could this type of housing be the answer to Ireland’s housing problems? Continue reading to find out if they are mortgageable.

Rise in Popularity

Perhaps due to a property shortage in the country, we are now seeing an increase in enquiries regarding alternative properties. One of these alternative properties are the Timber frame construction houses. These houses are less prevalent in Ireland than other forms of construction.

As a result, there are fewer builders, design professionals and developers experienced in timber frame construction. This will need to be taken into consideration if you are contemplating buying one. As there is a small skill level available, you may experience delays and problems with material sourcing, etc.

Are Timber Framed Homes Mortgageable?

Some lenders may not lend mortgages on these types of homes, so it is important to do you research or use a broker!

Normally, a large deposit is required on ordering the timber frame (12.5% deposit at time of signing contract) – therefore, it is essential to have a large amount of savings. A large payment is due when the shell arrives on site but the Bank will not allow drawdown at this stage until the shell is fully erected & certified (usually 2 weeks after shell is complete).

Therefore, we would advise any potential buyer interested in this particular type of house build to go with a mortgage broker. This may sound biased coming from a mortgage broker; however, we can recommend the right insurance brokers and guarantee you the best rate. Saving you time and stress!

Timber Framed Houses (Getting a Mortgage) (1)

Payment Schedule

As stated above, payment is required in different stages. See contract schedule below as take from Scanhomes.ie website:

– 12.5% deposit at time of signing contract
– 15% when foundation is completed
– 45% when shell arrives on site
– 25% when shell is erected
– 2.5% retentions kept by you for two months after handing over date.

Factors that Affect the Price

In Ireland, the average cost of a timber frame house typically starts from around €1,200 to €2,000 per square meter of floor area. This range includes the basic construction costs and excludes any additional expenses like land acquisition, site preparation, interior finishes, and utility connections.

Keep in mind that prices can vary significantly based on factors such as the complexity of the design, quality of materials, level of customization, and local market conditions. Additionally, labor and construction costs may also vary in different parts of Ireland.

Timber framed houses can vary in price. Price can be affected by many factors such as the size of the house, materials required as well as the following factors:

  • Single floor, converted attic or two-story
  • Number of windows and doors
  • Passive or super passive
  • Complications such as L-extensions, porches, dormers
  • Plaster or wooden exterior
  • Number of bathrooms
  • Options such as stoves, solar panels, etc.

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Timber Framed Houses (Getting a Mortgage) (2024)

FAQs

What is the life expectancy of a timber frame house? ›

With proper construction and maintenance, timber frames can easily surpass 100 years. Many examples worldwide have exceeded 400+ years. What is the shortest lifespan of a timber frame? Lack of maintenance can shorten the lifespan to 25 years or less.

How strong is a timber frame house? ›

Timber frame homes are strong.

According to the NAHB, timber frame homes typically have a higher fire tolerance, can absorb the impact and flex of strong seismic conditions and can stand up to hurricane- and tornado-force winds better than other construction types.

How long does it take to put up a timber frame house? ›

In estimating the timeframe for timber frame construction, we're including both oak frame and post and beam. Give yourself two weeks for foundation work, as it must be accurate. Frame erection can be as little as 3-4 weeks, depending on the system. Allow for 18-24 weeks for fitting out and finishing.

Why are timber frame homes so expensive? ›

Price Difference

The main drawback to timber frame structures is the cost. Since each piece of timber needs to be precut exactly to fit, the cost of a timber frame package is more than twice the cost of the framing package of a stud framed structure.

What is the problem with wood frame construction? ›

Biggest Risks in Wood-Frame Building
  • Fire risk: The flammability of wood, in comparison to steel and concrete, heightens fire risks, translating to challenges in underwriting wood frame projects.
  • Water risk: Residential wood frame projects, with their extensive plumbing, can suffer multi-level damage due to water.
May 15, 2024

Can a wood frame house last 200 years? ›

As long as it is kept protected and/or dry, wooden construction can last centuries. I lived in a restored farmhouse in Essex that had 300 year old timbers in its construction that were still ini perfect condition.

How do you maintain a timber frame house? ›

The most critical thing we recommend is to make sure you conduct regular check-ups, visually inspecting the wood for any changes. One thing you should watch out for is exposed and faded timbers. As soon as you notice the first sign of fading, it means it's time to reapply stain.

Should I build a timber frame house? ›

Is timber frame energy efficient? In short, timber frame is one of the most energy efficient methods of construction available today. Modern Building Regulations require all new houses to achieve a proscribed minimum level of energy efficiency and these days the regulations really are quite stringent.

Do timber framed houses have load bearing walls? ›

With timber frame construction it is generally the inner leaf timber frame that supports the roof trusses and the floors. Center of the Building The walls directly at the center of many buildings often contains load bearing walls, which help distribute the weight of the structure evenly.

What is the strongest house frame? ›

Insulated concrete forms are believed to be one of the strongest house frame options. They are energy efficient, as well as water and disaster-resistant.

How do you estimate timber framing? ›

You can quickly calculate the number of studs you need by multiplying the wall's total length by 0.75, which is the accurate spacing for on-center studs. Add an additional three studs for every 90-degree corner, four for every 45-degree corner, and two for every intersecting wall.

How thick are timber frame walls? ›

Typically, internal partitions will come in two different thicknesses, with loadbearing walls usually 89mm thick and non-loadbearing partitions either 63mm or 89mm thick. For any house, apartment, or commercial building, the choice will depend on structural requirements and performance preferences.

What foundations for timber frame construction? ›

You may choose between a shallow or deep foundation when starting your timber frame extension project. Shallow foundations like Pad, Strip, and Raft, provide quicker and cost-effective construction. They are more suitable for stable soil conditions and timber frame extensions with relatively low imposed loads.

Do timber frame houses have supporting walls? ›

Timber frame constructions make use of timber studs inside the external structural walls to bear the load of the rest of the building, and transmit this load to the foundations of the building.

What are the disadvantages of using timber as a structural material? ›

Timber is a natural material and may shrink or swell as it has the ability to absorb water. Timber should always be suitably treated depending on its use and exposure, and if left exposed to water rot can lead to loss of quality.

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