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Self Build

self-buildDo you have a site, planning permission or are you thinking of adding an extension to your house?

At Mortgage Horizons Ltd we have vast experience in the finance of build, renovation and extension projects – by leaving the professionals to look after the finance of your build you can ensure you time is well spent managing the construction of your new home.

We will be able to explain how financing the build of your property is different to financing the purchasing of a property and what additional provisions we need to make.

You will need a mortgage that is flexible and our professional advisors will liaise with your solicitor, architect and engineer in securing the requirements for mortgage lending and stage payment draw down as your build progresses.

With many build projects, on completion, the loan to value is strong which puts you in a better position in securing more favourable rates from lenders. We anticipate this and ensure the lender you run with will offer you the best rates for you situation.

We will advise on what to do to anticipate for overruns and ensure finance is on hand should this happen. We will advise on life and household insurance requirements and also how much you will be repaying as funds are released throughout the build.

You may be renting while you build your new home and may need flexible repayment options such as Interest Only repayments or a Mortgage Holiday or Moratorium.

If the site is owned or gifted and there is only one name on title and you would like two applicants on the mortgage we can also help here.

Whatever you need, we are here to help.

Contact one of mortgage advisors today or 01 6624595.

 

WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT.

 

WARNING: YOU MAY HAVE TO PAY CHARGES IF YOU PAY OFF A FIXED RATE LOAN EARLY.