Advance Stage Payments
Money is released at the beginning of each build stage, giving you funds upfront to buy materials and pay contractors. Perfect if you don't have large savings to fund each stage yourself.
Self Build Mortgages
Self build mortgages work differently from regular mortgages because they release money in stages as your project progresses. We help you understand how this works and find lenders who support your vision.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Mortgages are subject to underwriting and criteria. Check terms and conditions.
This information is for guidance only and does not constitute financial advice.
Making your dream home possible
Building your own home means creating something that’s perfectly yours – but it also means navigating a completely different kind of mortgage. Self build lenders understand that you can’t get a traditional mortgage for something that doesn’t exist yet. That’s why they release money in stages as your project comes to life.
How self build mortgages are different:
- Money is released in stages, not all at once
- You can often borrow up to 95% of land and build costs
- Rates are usually higher than standard mortgages, but still competitive
- You pay interest only on the money you’ve received so far
- Most lenders let you switch to a standard mortgage once you’re finished
- You need detailed plans and the right planning permissions before you start
Your payments change when your lender adjusts their standard variable rate. You can usually switch lenders or overpay without penalties, giving you flexibility as your build progresses and circumstances change.
Your rate follows the Bank of England base rate for a set period. When base rates change, your payments change too. Popular for self build as they often offer competitive rates during the construction phase.
Your rate stays the same for an agreed period, making it easier to budget during your build. You know exactly what your mortgage payments will be, helping with financial planning throughout the project.
You pay below your lender’s standard rate for a set time, then switch to their full rate. Good for lower initial costs during the build phase, but ensure you can afford future payments too.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Most buy to let mortgages are not regulated by the Financial Conduct Authority.
How the money gets released:
Typical Build Stages
Usually 5–6 stages from foundations to completion: land purchase, foundations, wall plate/frame erection, wind and watertight, first fix and plastering, then second fix to completion.
Arrears Stage Payments
Funds are released after each stage is completed and inspected. You need enough money to fund each stage yourself initially, but rates are often slightly better.
Buy to Let Mortgages
These types of mortgages are designed for property investors and private landlords, who do not intend to live in the purchased property but will let property to tenants.
How we help
We understand that financial decisions feel heavy because they affect everything that matters to you. Our job is to make them lighter, clearer and easier.
Testimonials
Trusted by self builders nationwide
We've helped hundreds of families build their dream home with the right mortgage funding and expert guidance.
How can we help with your self build?
Tell us about your building plans
We'll explain which lenders work best for your type of project and help you prepare a strong application.