We’ll lend to support the purchase of the plot and the costs of your self-build project.

Outline planning permission needs to be in place to apply for the mortgage and detailed planning needs to be granted before any mortgage funds are released.

Normally, we’ll release up to 80% of the plot purchase price or value of the property if you already own the land and subsequently, the money required to cover the build costs. As you continue with your build, staged payments of up to 80% of your increased property value as the build progresses will be released – this will help you keep tabs on your budget and planning.

This type of mortgage may be suitable if you are able to make a 20% deposit for your plot and further funds to commence the early stages of the build.  We normally recommend 20% of your total build budget as a good starting point to begin your self-build project.

Once your self-build is complete and you achieve the appropriate energy certificate, we can lower your interest rate through our C-Change discounts.