Self
Build Mortgages from an independent adviser
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
Selfbuild Mortgage Brochure available by clicking here
Self build Mortgage Company
The Advanced Flexible Self Build Mortgage
We have identified that there is a need for a product to be introduced
which gives clients greater flexibility at an affordable cost. Therefore
The Advanced Flexible Self Build Mortgage is the flexible cost effective
Mortgage to suit the Self Builders needs.
Traditional self build mortgages release stage payments in arrears. This
means that the client has to fund the initial stages themselves or arrange
bridging finance to cover the costs.
With The Advanced Flexible Self Build Mortgage the stage payments are
released in advance of each stage to help the self builder overcome the
cash flow problems that are very common during self build projects. The
Advanced Flexible Self Build Mortgage is available for Timber Frame
Construction, Traditional Construction, Conversion and Renovation
properties.
Clients wishing to undertake self build stage release mortgages generally
fall into two categories.
· Cash Rich
· Asset Rich
For clients who are cash rich there are a wide variety of products
available to them; this is not necessarily the case for those who are
asset rich.
The Advanced Flexible Self-Build Mortgage meets the requirements of
clients in both categories.
The Advanced Flexible Self Build Mortgage enables clients who are cash
rich, or who already own the land, to have funding released in advance.
For those who are asset rich, funds are released on the security of their
existing property. The clients re-mortgage their existing mortgage to the
new lender, with no penalty tie in period. The rate of interest that
currently applies is less than Standard Variable Rate, for both the
existing mortgage and the advance, with no penalty tie in period. The
client however has access to the full range of the lender's products.
The funding for the actual self build, is released in advance of each
stage. Access to the full range of mortgage products is also available.
To get details of the Advanced Flexible Selfbuild
Mortgage click here
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Accelerator Self Build Mortgage
Speed up your build with the Accelerator Self Build Mortgage!
Building your own home is faster,
cheaper and less hassle with the award winning Accelerator Self Build
Mortgage. No other mortgage or finance package so precisely meets the
needs of self builders and renovators.
You get the funds you need ahead of every stage of the build so you
enjoy positive cash flow from start to finish and because you can
borrow up to 95% of the costs of land and 95% of the costs of the
build you can stay in your own house during the build of your new one.
Click here to find out more! |
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