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Self Build Mortgages

Flexible Stage Payment Self Build Mortgages

Selfbuild mortgages are a lot easier to get than they were a few years ago. The key things that you require from a self build mortgage are

·         Lend money on the purchase of land

·         Release money at the start of each building stage (to allow payment of timber frame etc)

·         Choice of mortgage lending companies (Building Societies and Banks etc)

·         Choice of different interest rate schemes

Self build Mortgage Companies

There are two main companies that will comply with all of the requirements stated above.

Accelerator Selfbuild Mortgage

You can follow the link to learn out more about the services that the Accelerator Mortgage provides.  This service is suited to first time buyers and to homeowners that do not have much equity in their current house. Also self employed people have the opportunity to take out a mortgage.

Advanced Flexible Mortgage

To be sent some brochures regarding this service you need to fill out a contact form. This service will let you stay in your current house during a self build (if there is sufficient equity in the house).