Self Build Mortgages

A self build mortgage gives you control and flexibility when creating a property from the ground up. Whether you are building your dream home, creating a holiday let, converting a barn, or developing an investment property, a self build mortgage offers tailored stage-by-stage funding designed around your project.

At SND Mortgages, we help you secure the right mortgage for your build with support from start to finish.

Self build mortgages are not limited to personal residences. They can fund a wide range of property projects, including:

Building a main residence from scratch
 

Constructing a second or holiday home
 

Converting barns, outbuildings, or commercial spaces
 

Building an investment or rental property
 

Replacing an existing home with a new build
 

Building a property on land you already own
 

Each project type may require slightly different documentation and planning permissions, but we guide you through exactly what is needed for your goal.

Instead of receiving the full mortgage upfront, the funds are released in stages. These stages usually reflect key phases of the project, such as:

Purchasing the land
 

Laying foundations
 

Wall plate level
 

Roof on and watertight
 

First fix and plastering

Completion
 

Some lenders offer stage payments in arrears, while others offer advance stage payments to help with upfront costs. We’ll help you choose the right structure based on your cash flow and build schedule.

Yes, full planning permission is usually required before a self build mortgage offer can be issued. If your build is a conversion or change of use, the lender may ask for additional consents or supporting documents. We can help clarify what is needed based on your build type and lender requirements.

Lending is based on the projected value of the completed property and the total cost of the build. Most lenders will allow borrowing of up to 75 percent of the land and build costs combined, Higher levels may be available in some cases depending on lenders products and policy.

You may need to arrange site insurance and a structural warranty before the mortgage completes. Some lenders will also require you to use an approved builder or contractor, while others allow self-managed builds. We’ll help you understand the lender criteria and guide you every step of the way!