Looking for aSelf-Build Mortgage?
The Henry Dannell team will support you during this lengthy and complex process, from the start through to the completion of your project. To find the right solution for you, arrange your free 30-minute, no-obligation consultation with us.
5-Star-Rated Customer Experience
Whole-of-Market Access
Tailored Guidance & Advice
Please note: a mortgage is a loan secured against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
Buying land to build your dream home?
This is becoming more common in the UK. For those looking to finance the build of their dream home, the best mortgage solution is a self-build loan.
The advantage of this type of financing is that it allows funds to be released in stages that align with your project timeline. This would be pre-agreed as part of the mortgage agreement, allowing you to effectively plan for a project that requires detailed cash flow management.
What is the benefit of a staggered release of funds?
Releasing the funds on a pre-agreed basis helps towards cash flow. It means that, as the borrower, you will not have to draw down on the entire loan amount, and you will not be paying interest on funds not yet being used. This is a more viable solution for these projects, which ensures that funds are not wasted, as this can often result in cash flow issues.
If you are looking to better understand your options, we can find you a bespoke solution that is best-suited to you.
Our Case Studies
How we've helped our clients
Renovation Purchase | Without Functioning Utilities
The lender was able to offer 100% of the funds required to complete the works.
Property Refinance | Large Renovation Project
We were able to secure lending, at a market-leading rate, for our client based on the renovated value of the property.
High-Value Mortgage | Income Denominated in Dollars
Our client required a mortgage for the purchase of a new home worth £13,800,000. We successfully arranged a solution that allowed the client to borrow the necessary amount for the property purchase while keeping their current assets unencumbered.
Bridging Loan | Buying into a Business
We were able to secure a short-term bridging loan against our client's current property. This enabled our client to extract the necessary funds from the property to buy into the business.
What our clients say…
‘….knowledgeable and professional, always eager to please their clients’ needs and help understand the process from start to finish.’
Barrister