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Self employed self build mortgages
comeandgo
Posts: 5,930 Forumite
Hi. I'm looking at a small mortgage, around £40,000 to finish a self build house. House is up and watertight, internal work now going on but now need some money to complete it. Land and house to date value £150,000. Also self employed and due to building house have not been working full time so trading figures 3/4 what the previous years have been. Any of the high street lenders we should approach or are there specific companies who give self build mortgages?
Thank you.
Thank you.
0
Comments
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High street lenders are not self build lenders.
Self builder lenders are not keen on projects that have started.
A case where you will definitely need a broker.I am a Mortgage Broker
You should note that this site doesn't check my status as a Mortgage Broker, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Any posts on here are for information and discussion purposes only and shouldn't be seen as financial advice.0
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