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Self Build Mortgages

Over recent times self- builds have become very popular, primarily because it can be a more cost-effective way to build your own home ground up. This is done by purchasing your own piece of land, designing and building to your own specifications.

Mortgage finance for this type of project is very different from a conventional mortgage.  The funds provided by the mortgage lender will allow you to:

  • Purchase the piece of land.
  • Fund building materials and labour costs.
  • Pay professional fees and contractors. Eg. Architects/Structural Surveyors
  • Fund any Guarantees/insurances required. For example: NHBC warranty 15- 20% buffer to ensure there are sufficient funds available for unexpected costs.

Funds are released at key stages over the build period and once construction is complete you can either re-mortgage to another lender or switch to a lower rate with the same lender.


Basic of a Self-Build Mortgage

Like traditional mortgages the full mortgage amount is not released upfront.  The mortgage lender may provide the initial portion for the land purchase, if requested, at application stage for this purpose.

Further payments will be released after you have submitted the schedule of work that has just been carried out. The lender will than verify work completed and ensure all the requisite building standards have been met. The mortgage lender will usually appoint a surveyor to make visits, each time a stage payment is requested.

Self Build mortgages are a niche area and it's unlikely a mainstream mortgage lender would offer such a facility.  However, there are specialist lenders within the market, who will consider these and are industry experts.

We have access to a wide selection of lenders who we can recommend for your needs.  We therefore pride ourselves on searching for the most suitable mortgage for your needs whilst keeping the experience as smooth as possible.


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We're committed to finding the right mortgage for you.

Don't take our word for it. We're highly rated by our customers on Trustpilot and Google.

Your property may be repossessed if you do not keep up repayments on your mortgage.

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"Brooklyns Financial exceeded all expectations with their unparalleled support, guiding me seamlessly through the mortgage process. Their expertise and dedication made securing my mortgage a stress-free experience. I highly recommend Brooklyns Financial for their exceptional service and unwavering commitment to their clients' goals."
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"Absolutely amazing service provided by Brooklyns Financial they are so helpful. Harpreet and the team were efficient and made the property purchase process run smoothly. We highly recommend them."
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"I recently experienced exceptional customer service that exceeded my expectations. The support team was not only prompt in addressing my concerns but also demonstrated a deep understanding of the mortgage product. Their professionalism and willingness to go the extra mile left a lasting positive impression, making me a loyal customer. Highly recommended for their outstanding service! Harps and Daniel were absolutely fantastic"
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