Finance
Financing your Build
Getting your finances in order is an important starting point for your self build project. If you need to borrow then finding the right mortgage for your build is crucial to ensuring the success of the project. A mortgage for building your own house differs from a mortgage you would use to buy one because with a self build mortgage the funds are released in stages as the build progresses
There are, however, different ways in which this money can be released and your choice of loan will depend on your own particular circumstances. That is why it is important to speak to a self build finance expert to discuss your options as early in your project as possible.
BuildStore is the UK’s leading expert in self build finance and has a range of self build mortgages including their exclusive Accelerator product. This scheme enables payments to be released at the beginning of each stage of your build, before the work actually starts, which provides positive cash flow during the build.
For more information ring BuildStore on 0845 223 4888 or visit their website Buildstore Finance
Budgeting for Your Build
One of your key questions will most certainly be “how much will my project cost?”
The good news is that self-building is without doubt the most affordable and cost effective way of building your dream home. Self-building can yield savings of up to 30% when compared to buying a new house from a builder or developer.
We can provide you with a budget quotation for the timber frame, and signpost you to our network of Project Managers, Builders and Subcontractors all of whom will be pleased to help you evaluate and plan your budget.