With a Self Build Mortgage you may be able to borrow up to 75% of the value or purchase price of the land on which the home is to be built. Usually the lower of the two figures is taken. You may also be able to borrow up to 75% of the value of the completed property (subject to status).
A wide range of repayment methods are available for a self build mortgage. Even if you own another property, you may still be able to get finance for your self-build project.
Regular finance with staged payments is available. You may be able to get finance to help buy your plot of land, then to help finance the construction itself with regular stage releases during the build.
For more information on a self build mortgage please call us on 01604 439930
The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Mortgage and Insurance Professionals is a trading style of Mortgage Compare Limited which is authorised and regulated by the
Financial Conduct Authority.
Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured on it.
See our website for our terms and conditions.
Not all Buy to Let Mortgages are regulated by the Financial Conduct Authority
Adverse Credit - The overall rate for comparison is 9.2% APR. The actual rate available will depend upon your circumstances. Ask for a Mortgage Illustration
Right to Buy Mortgages - The overall rate for comparison is 8.9% APR. The actual rate available will depend upon your circumstances. Ask for a Mortgage Illustration
CURRENCY MORTGAGES - CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING VALUE OF YOUR DEBT.
Mortgage and Insurance Professionals is entered on the FCA register under reference number 600521, as a trading style of Mortgage Compare Limited , who are also registered under the FCA register under reference number 600521.