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You don’t need to have a background in building or construction. Just the persistence, passion and finances to see your project through… and a dash of good luck!
With a self-build mortgage, funds are generally released in stages as the project progresses, rather than in a lump sum. As a guide, these stages tend to fall into six benchmarks:
Releasing funds in stages helps make sure you don’t run out of money halfway through the project!
Not all self build mortgages are the same, so it’s important to consider your needs for your project. For example:
To book an appointment please call 01664 494100 or take a look at our Mortgage Advice Bureau website where you can also see the latest deals, access mortgage calculators, meet the team, get expert advice and much more.
Following the Bank of England Base Rate increases, our Standard Variable Rate is due to increase from 4.99% to 5.39% with effect from 1st June 2022.
Please also bear with us as our telephone lines will be busier as we help our customers