If you can’t find your dream home why not build it yourself? Self-build mortgages release the money in stages as the build progresses, usually 5 stages. The initial advance must not be more than 75% of the value of the land or purchase price, whichever is the lower. The remaining balance will be released over 4 more stages.
Most Self Build projects that fail are due to the self-builder under-estimating the amount of lending needed to complete the project. It is of utmost importance that you receive the right advice before you commence a project. Our advisers will be happy to discuss all your options
PLEASE ENSURE THAT YOU CAN AFFORD THE REPAYMENTS BEFORE ENTERING IN TO A MORTGAGE CONTRACT.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP PAYMENTS ON YOUR MORTGAGE
Our fee is usually £395 but the precise amount will depend on your circumstances.