Reduce Risk with Guaranteed Stage Payments
As the UK’s leading specialist in self and custom build mortgages, BuildLoan offers unique, risk-reducing products that are specifically designed to meet the complex funding needs of construction clients. This article outlines how mortgage brokers can leverage BuildLoan’s exclusive lending solutions to protect clients, enhance outcomes, and fulfil Consumer Duty obligations.
Guaranteed funding at every stage
Traditional Construction mortgages often fall short during a build particularly when funding is contingent on valuations at each stage. This can lead to down valuations, delaying projects or leaving clients underfunded mid-construction.
BuildLoan removes risk
With guaranteed stage payment mortgages, funding is agreed upfront at application and locked in at offer. These payments are not subject to interim valuations, providing:
✔︎ Certainty of funds throughout the build
✔︎ Elimination of mid-project shortfalls caused by down valuations
✔︎ Peace of mind for both brokers and clients
Exclusive access to risk-reducing products
BuildLoan offers over 70 exclusive mortgage products, all designed for construction finance, with built-in guaranteed stage payment structures. Of these, more than 30 products offer advance stage payments, a feature not available from any other provider in the UK.
Advance stage payments: funds before each build stage
Advance stage payment products are a standout offering from BuildLoan. These products release funds before each stage of the build begins, which is especially beneficial for:
✓ Clients with limited upfront capital
✓ Builds involving off-site manufactured systems, including:
– Timber frame
– Oak frame
– Structural Insulated Panels (SIPs)
– Insulated Concrete Formwork (ICF)
These building methods often require significant upfront deposits which traditional lending cannot accommodate. With BuildLoan’s advance stage payment options:
- Clients can receive up to 95% of the cost of each stage in advance
- Brokers can offer funding solutions that make innovative and modern construction methods more accessible
- Projects stay on schedule, reducing stress and cost overruns
Supporting Modern Construction Methods
Self builders are increasingly embracing non-traditional methods that rely on off-site manufacture. These systems offer speed, sustainability and energy efficiency, but they come with unique funding challenges.
BuildLoan’s advance stage payment solutions directly support this market trend, enabling clients to confidently commit to manufacturers and contractors, without the fear of funding delays.
Why Brokers Choose BuildLoan
BuildLoan is more than a lender it’s a strategic partner that helps brokers deliver vaue and protects their clients with:
- Tailored self build and custom build solutions
- Over 70 exclusive products with guaranteed stage payments
- Advance funding opptions unmatched in the UK
- Decades of specialist knowledge and broker support
You can confidently offer your clients the security and flexibility they need to succeed with their projects.
Expert Insight For Better Outcomes
Chris Martin, Head of Product Development and Lender Relationships at BuildLoan explains:
“With over 26 years of experience and more than 30,000 funded projects, we know what self builders face. The introduction of Consumer Duty and its emphasis on avoiding foreseeable harm means brokers must recommend solutions that genuinely support their client’s journey.”
Martin highlights three critical considerations for brokers:
- Type of construction – is it a traditional or modern method?
- Available cashflow – does the client have funds to pay upfront?
- Certainty of funding – will clients tolerate risk tied to future valuations?
“If funding is tied to mid-build valuations, brokers must ensure clients understand the potential for reduced funding and the implications that may follow.”
Empower your clients. Reduce their risk. Choose BuildLoan.
By recommending BuildLoan, you’re not just securing a mortgage, you’re empowering clients to build their dream homes without financial uncertainty.
Ready to discuss an enquiry?
Call 0345 223 4447 or request a call back
For the use of mortgage intermediaries and other authorised professionals only.
The activities carried out by BuildLoan are not regulated by the Financial Conduct Authority.