The Airey PRC Repair Scheme Explained
The Airey PRC repair scheme involves the removal of the original concrete panels and their replacement with brick skin construction, while retaining and reinforcing the concrete spun columns that form the structural frame. The repaired structure is then rendered or clad to give a conventional appearance. When the repair is completed to the approved standard, a PRC certificate is issued, typically by Airey PRC Homes Ltd, which provides a 30-year structural warranty on the repaired elements.
The repair scheme is significant because it transforms a designated defective property into one that is mortgageable. Lenders who will consider certified Airey houses include a range of specialist mortgage providers and some building societies. The key document a lender will require is the original PRC certificate, along with evidence of the date and extent of the repair work. Where the certificate is more than 20-25 years old, some lenders may require a fresh structural inspection to confirm the repaired elements remain in good condition.
Not all Airey repairs have been carried out under the approved scheme. Some owners have carried out cosmetic or partial repairs that do not meet the required standard and have not been certified. These uncertified repairs do not provide the same level of assurance to lenders and will not be treated as equivalent to a certified PRC repair. If you are unsure whether your property holds a valid PRC certificate, this is the first question to resolve before exploring your remortgage options.
Certified vs Uncertified Airey Houses: The Difference in Lender Options
A certified Airey house — one that has undergone the approved PRC repair scheme and holds a valid certificate — is accepted by a reasonable number of specialist mortgage lenders. While mainstream high street banks will still generally decline, building societies and specialist lenders familiar with the PRC certification scheme will consider these properties, typically up to 75-80% loan-to-value. Rates are broadly comparable to standard non-standard construction products.
An uncertified Airey house — one that remains in its original state or has had repairs not meeting the approved scheme — is in a very different position. The pool of willing lenders is extremely small, and those that will consider uncertified Airey houses will typically require very low loan-to-value ratios (often below 60%) and a comprehensive structural survey with specific commentary on the condition of the spun concrete columns and steel reinforcement. Even with all this in place, a successful remortgage is not guaranteed.
For homeowners with an uncertified Airey house, it may be worth exploring whether the approved PRC repair scheme could be carried out prior to remortgaging. While this involves significant upfront cost — typically £25,000 to £50,000 depending on the property and region — it can substantially increase the property's value and mortgageability, making the investment worthwhile in the right circumstances. A specialist broker can help you assess whether this makes financial sense for your situation.
