Specialist self-build and renovation lending with expert support direct from the Society throughout the project, flexible stage payments tailored to your client’s needs and finance available for renovation projects.
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At a glance
Lending Area – National
Maximum Loan – £500,000
Maximun LTV – Up to 80% during build or 50% of plot value
Minimum Property Value (on completion) – £175,000
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Eligible applicants
Applications may be considered where:
- National lending is available
- The completed property value will be at least £175,000
- Maximum lending is 80% during build or 50%v of plot value
- Qualified supervision and an appropriate warranty are in place
- Full planning , costings and a 15% contingency fund have been prepared
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We are unable to consider
We cannot currently accept:
- Guarantor applications
- Joint Borrower Sole Proprietor (JBSP) applications
- Projects unlikely to complete within 3 years
- Projects without the necessary planning or building consents
- Unacceptable property types or restrictive construction methods