Building your own home? We can help with a self build mortgage
More people than ever dream of planning and building a truly unique home but what often prevents them from doing so is their ability to finance the build.
This is where a self-build mortgage can help, to ensure you have adequate funding in place to drive your home-building project through the various stages of planning to completion.
Your home may be repossessed if you do not keep up repayments on your mortgage.
At The Mortgage Avenue we have worked with a wide range of clients looking to turn their dreams into reality by helping to ensure they have the correct financing in place.
How does a self-build mortgage work?
Providing the funding for you to build your own property, self-build mortgages are similar to standard residential mortgages with a few key differences.
The main difference is the release of money, whereby the money borrowed is paid in stages as the project progresses. This reduces your risks and ensures that money is being spent as planned. As with a residential mortgage, you’ll need to have an upfront deposit at the ready.
Let us make it easier for you to construct your dream home.
If you are looking to build your own home and need to secure funding in the form of a self-build mortgage get in touch with our friendly team of mortgage experts to help you through the process.