Self build 2 year discount 85% LTV (Arrears)

This product is available via BuildLoan.

Our range of self and custom build mortgage products have been designed to help borrowers who dream to build their own home.

Self build 2 year discount 85% LTV (Arrears)

There is an arrangement fee of £1,499.00. This fee can be taken off the mortgage amount, or your client can add the fee to the amount borrowed. If they choose to add the arrangement fee to their mortgage they will pay interest on the fee at the same rate as their mortgage. If they choose to take the arrangement fee off the mortgage, this will be deducted from the amount they borrow and so, they will need to pay the arrangement fee to their solicitor at completion.

There is a minimum mortgage amount of £50,000.00.

This product has a maximum mortgage amount of £600,000.00.

We have a minimum property value of £100,000 which increases to £250,000 for properties located within the M25 corridor.

The maximum loan to value is 85%.

The interest rate is floored which means that the rate cannot fall below 5.19%.

The minimum repayment term is 5 years and the maximum repayment term is 40 years. Maximum term will depend upon individual circumstances, for example applicant age and leasehold property restrictions.

No early repayment charges apply on this product.

The mortgage tariff of charges details the various fees and charges that may apply during the term of your client's mortgage. To view these, please click here.