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Self Build Mortgage PDF Print E-mail

Self Build mortgages are generally for residential projects, self build, renovations, conversions and home improvements in England & Wales and allow you to build your own home. self-build

These types of mortgages by their very nature can be quite complex and can be used for land purchase and also for the construction element.

Typically, you can borrow up to 85% of the value of the land purchase and then up to 85% of the build costs. Payments are released in stages as the project progresses. Depending on the type of mortgage chosen the stage payments can be released on completion of each stage of the work or under some circumstances in advance of each stage of the build. 

Many people want to build their own home but it is crucial that you get the right advice for the most suitable way of financing your project to ensure you complete the build of your home.

Speak with our specialists today to ensure you get off to the right start.

 

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

 


 
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