We’ll lend money to support the purchase of the plot and the costs of your conversion project if you are aiming for an energy performance of anywhere from an EPC B (SAP rating 85+) to EnerPHit standard.

Outline planning permission, including Class Q, or listed building consent needs to be in place to apply for the mortgage, and detailed planning needs to be granted before any mortgage funds are released.

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 your conversion progresses, staged payments of up to 80% of your increased property value will be released in arrears – 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 conversion. We normally recommend you begin your project with 20% of your total build budget.

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

Our conversion mortgage product is on a Standard Variable Rate and our discounts are applied from the date we receive evidence that the conversion works have been completed and the energy rating required has been achieved.