If you are looking to start your own self-build project then you will require a minimum of a 15% deposit. Unlike traditional residential mortgages, self-build finance is released to you at set stages within the build process.

There are on average 5 but this can vary from lender to lender and does depend on whether you are building a brick and tile construction, timber frame construction or carrying out a renovation / conversion. The lender will provide 85% of the funding for land purchase and 85% of the value at each of the 5 building stages.

Self Build Mortgages

To keep it simple we will generalise the stages involved:

Stage 1: Laying of foundations

Stage 2: Wall plate level / erection of timber frame

Stage 3: Roof (wind and water tight)

Stage 4: First fix and plastering

Stage 5: Second fix to completion

The money for each stage is released after the stage has been completed and a valuer has inspected the works carried out.

Planning permission and building regulations will be required prior to purchase of the land and an NHBC or Architect’s Certificate will be required for the project.

For further information please contact us on

FREEPHONE 0800 587 4229, request a call back,

email, or complete an online enquiry form

The overall cost for comparison is 3.7% APR

The actual rate available depends upon your circumstances.

Ask for a personalised illustration. APR variable and based on a typical case