There are a range of lenders available who provide flexible mortgages for self build renovations and conversions.
Money is available when it is needed - at the start of each stage of the build. This positive cash flow allows the build to progress more quickly and money in advance ensures that you can negotiate the best prices for material and labour.
We have access to Self build funding from lenders specialising in Self build mortgages. It is possible to obtain a 95% loan on the purchase price of the land and 95% loan on the build costs payable in ADVANCED stage payments.
So, contact us today and we will run through the self-build mortgage options available to you.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
We offer all our clients a free initial consultation after which a non refundable commitment fee of £95 will be charged with a further £250 payable on completion based on individual client circumstances. We also offer a fee only option whereby we charge a 2% broker fee on the amount borrowed and any commission derived from the lender is rebated back to the client.
The overall cost for comparison is 7.9% APR
Riverside Mortgages Ltd is registered in England and Wales. Registration Number: 5978086