Financing Self Build Projects

Self Build Three Counties can advise on full-service lending to property investors. We form strategic partnerships with our client base and offer a source of funding and equity investment through our financial partners. If you would like to discuss financing your project further or would like to enter a strategic shared ownership with us, we would be delighted to hear from you. 

It is crucial at the start of a project to understand your financial position, what you are trying to achieve and ensure that you are building in a contingency for anything unforeseen. Remember the adage ‘plan for the worst, hope for the best’ when considering finances.  A recent study showed a self-build house would cost between £1000 and £4000 per square metre to build in the UK. Of course, this figure represents a large range and is highly dependent on environmental factors and personalization. 

Self-build mortgages differ from traditional mortgages in so much as they are rarely released in one go at the start of a project. In fact, what usually happens is that these types of mortgages are released in stages throughout the build upon completion of each stage. The types of loans that can be taken to finance building your perfect home:

Bridging loans

Bridging loans are relatively quick to arrange although the cost of borrowing can be somewhat higher than a traditional mortgage. 

Developmental loans

As the name suggests this is a common route for funding new builds. 

Investment Finance

Investment finance can be single assets or portfolios and lending is generally at 85% LTV (loan to value).

For more information on finance to speak to one of our team please contact us.