For intermediary use only

why do lenders choose buildloan?

BuildLoan provides lenders with controlled distribution of quality self and custom build mortgage business, with a robust sales, packaging and risk mitigation process.  

We are the UK’s leading distributor of self and custom build finance.

 Few lenders are geared up to handle enquiries for self and custom build.  This type of specialist lending requires expert support on all sorts of issues including costings, cashflow and construction. 

Our broker desk is on hand to answer all of the questions you and your clients have when you receive an enquiry.  With 100% focus on homebuilding finance, you will find them an invaluable source of support and knowledge.

BuildLoan’s in-house underwriting team has an in-depth understanding of each lender’s lending policy and carefully checks and collates the information required by the lender. Our industry-experienced cost assessors ensure that the costings for each client are realistic so that there isn’t the worry of clients running into problems part way through their project.

A self build can take up to three years to complete.  At BuildLoan, we remain in close contact with your customer throughout their project and our build monitoring team regularly checks in with them to obtain an update and resolve any potential issues.  With a traditional self build mortgage lender, that level of support simply isn’t there for customers.    

Risk Mitigation 

Our processes and products have been designed to safeguard everyone involved.  We provide an unbeatable level of support to your customers and products that get the build done.

 

“We’ve taken the time to work together with BuildLoan to develop our products and policy to make sure they reflect what self builders need to ensure their project is a success.  We are fully committed to supporting this very exciting sector.”

Ashley Pearson, Business Development Manager

 

“At Vernon, we recognise the growing self and custom build market and the sector is an integral part of our lending strategy. We have designed our products with BuildLoan to provide the features that we know are important to self builders.”

Brendan Crowshaw, Head of Mortgage and Savings Distribution

 

“Self and custom build is an increasingly important part of the new build housing sector.  We have worked with BuildLoan to create a product range and lending policy to meet the needs of a wide range of customer circumstances.”

Nikki Warren-Dean, Head of Intermediaries

 

“At Furness Building Society Building Society we work exclusively with BuildLoan to offer our range of self build mortgage solutions to brokers helping clients build their own home.  As a specialist distributor, BuildLoan provides dedicated support in the form of mortgage products, funding solutions, expert packaging and extensive know-how that enables brokers to help make their clients’ homebuilding aspirations viable.”

Alasdair McDonald, Head of Intermediaries

 

“Self and custom build is an increasingly important part of the new build housing sector.  We have worked with BuildLoan to create a product range and lending policy to meet the needs of a wide range of customer circumstances.”

David Newby, Risk Executive

 

“We recognise that clients who are able to contribute more to their self build project represent a lower lending risk which is why we’ve added new low rate, low fee products through BuildLoan.”

Julie Goodwin, Business Development Manager

 “Tipton & Coseley Building Society is keen to support intermediaries with enquiries for self and custom build.  We recognise how valuable it is for some clients to be able to borrow more during the construction period.  That’s why we will lend up to 85% on land and build costs.”

Cammy Amaira, Director of Sales and Marketing