custom build mortgages
If you’re a mortgage adviser, looking for the best mortgage for your client’s custom build home, look no further than BuildLoan.
With a custom build home, your clients are buying a new home and paying for it in stages as their build progresses. Your clients will work with professionals to design or customise a home that suits their individual lifestyle, which is delivered for them on a multiple plot site. Their stage payments will be made at key milestones, usually three or four, determined by the developer.
BuildLoan has a range of exclusive mortgages designed specifically for custom build homes in England, Wales and Scotland.
Our Products
With this type of project, a cost based mortgage is best suited because the stage payments are guaranteed based on the project costs.
Cost based mortgages provide certainty all round and your clients can feel reassured that their home will be completed on a fixed budget.
Our cost based mortgages come with the following benefits for custom builders:-
- Up to 95% on plot and build costs
- Guaranteed stage payments in arrears or advance
- Tailored cashflow to suit your client’s individual payment schedule
- Interest only payments during the build to keep costs low
- Range of exclusive mortgages and lenders
Cost based mortgages are exclusively available from BuildLoan.
Our lender panel
Our lender panel is made up of building societies who, true to their name, are keen to help customers realise their homebuilding dreams.
Lenders channel their business exclusively through BuildLoan because they recognise this type of client requires additional specialist help on issues such as planning, costings and cashflow projections.
We work with our lenders to design solutions for customers who wish to work with professionals to design or customise a home, putting custom build within greater reach of more people and making custom build more attractive to developers.
Our unique lender match report will show you the lenders that will accept your client’s case and forms robust evidence of research.
Get in touch
Complete our short form and we will contact you to discuss your client’s requirements.
Alternatively call our dedicated broker desk on 0345 223 4447.
