Get the best advice from independent experts
We understand the problems which clients can face in finding finance to build their home. This has become more difficult since the crash of 2008 but lenders are now coming back on the market.
We recommend your first point of call when seeking a mortgage for your SIPS or CLT property should be Buildstore Mortgage Services - the UK's self build and renovation finance experts. Buildstore is able to offer a wide selection of mortgages and exclusive deals to the specific finance requirements of your project. This includes working with the Ecology Building Society, who reward borrowers with lower interest rates for sustainable low-carbon designs.
Flexible funding options, tailored to your project
To fund your HebHomes project you may need a stage payment mortgage which releases funds as your build progresses. There are two types of mortgage defined by when you get money during the build: Traditional Arrears Stage Payment and Advance Stage Payment. BuildStore can help you assess your cash flow to determine which type is right for your needs and arrange the right solution for your project.
Advance Stage Payment - The Accelerator
The Accelerator mortgage from BuildStore is ideally suited to SIPS panel projects. The key difference is that money is released at the beginning rather than the end of each build stage AND you get the cash to fund the early stages of your build, including the land purchase, SIPS panel costs and the erection of the kit:
•Borrow up to 85% of your land and build costs
•Stay in your current home until you have finished your new one
•Receive your money when you need it to pay for materials and labour
•Negotiate better deals and keep workmen on site by having the cash to pay your bills
•Choice of leading lenders, products and competitive interest rates
•Advance stage payments available
With the correct mortgage services you should have more money, enhanced cash flow and greater flexibility during your project. For expert advice on financing your Hebhome, simply complete the enquiry form or call 0345 223 4888.
Buildstore Customer Advice: Your home may be repossessed if you do not keep up repayments on your mortgage. For arranging self build and custom build mortgages, BuildStore charge a fee of £695. £95 is payable on application and a further £600 on offer. For all other mortgages BuildStore charge a fee of £395 which is payable on offer.