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Self Build Mortgages

Self Build Mortgages | Build Your Own Home

Build Your Own Home

Building your own home has become more and more popular in recent years - just look how often it can be seen on TV. There are several reasons people opt to build their own house:

As you might expect, applying for a self-build mortgage is quite a bit more complicated than a standard residential mortgage; plans have to be assessed, permissions checked, regular site visits made amongst other things.

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

A fee of £195 is payable on application. In addition, an arrangement fee of a maximum of £1,000, or 1% of the loan amount if greater, is payable on mortgage offer. Typically this will be £495, depending on your circumstances.