If you are planning to build your own home or you are a property investor preparing to develop multiple homes, you need a specific type of mortgage. Unlike residential or buy to let mortgages, self build home loans are released in stages rather than in one lump sum, designed to help you manage your project efficiently and reduce any risk to the lender. In addition, the application process and the amount of information you need to provide can vary depending on the size and scale of your project.
We can recommend development finance and self build mortgage experts who will help you make the right decision for your investment. We understand that borrowing significant amounts of money for building or development purposes can be stressful and complicated, especially if it’s going to be your home. That’s why we ensure any self build mortgage broker we recommend gathers all the necessary information about your plans and guides you through each step, making it more likely that you are accepted for a loan.
As well as covering the cost of the materials you need to build your property, an experienced adviser may also highlight other expenses you should consider to ensure there are no surprises when work on your building is underway. These include labour, insurance, architect fees, taxes and the possibility of going over budget.
To discuss development finance or to talk to one of our experienced self-build mortgage brokers today, please call 01403 270006
With over 30 years of experience in the mortgage and finance industries, Salli is the perfect person to lead Private Wealth Mortgages, which she set up in 2003.
Mortgage and Protection Adviser
Mandy started her career working for Nationwide, and brings 25 years of experience to help her clients achieve their plans and goals.
Client Services Co-Ordinator
Helen is a key part of the sales support team, managing mortgage reviews.