Self-build mortgage

Making dreams come true

Many of us dream of building our own home so that it is exactly the way we want it… but before you get carried away with your dreams the first thing you need to work out is how to finance the build.

If you are planning to embark on a self-build, you can either opt for the DIY route, where you do most of the work yourself, and use professionals like electricians or plumbers where necessary, or you can manage the process and employ a surveyor, an architect and tradesmen who do all the work on your behalf. Alternatively, you can arrange for a contractor to manage the whole project for you.

Whichever route you choose, you won't be able to get a standard residential mortgage, so you'll need to apply for a self-build mortgage unless you're fortunate enough to have the cash sitting in the bank.