The process of a self-build or renovation mortgage is much more complex than the standard mortgage process. You will need to seek advice as early as possible to be prepared eg before you have agreed the purchase of the land or building.
Good news, we are here to help you navigate not just with arranging the funding but with a great deal of knowledge and experience in this area provide you with other useful hints and tips that will save you money and time during your project journey.
Buying your dream home
Things to consider
Fact Finding
Lets meet and have a coffee, whether thats face to face, by telephone or a video call. The objective is to truly understand your needs and priorities now and into the future
Research Time
We now go and look for the most appropriate lender/product from the whole of the market. We will provide you with tailored advice to your priorities and your affordability. Our research and findings will give you understanding of your maximum borrowing amount, how and when the funds will be released and provide you with complete peace of mind to know you can fully finish your brand new home.
Presentation
This is where we get together again for a short call so we can fully explain our findings being the most appropriate lender, product and why. We will go through any fees payable during the process and of course, all the typical monthly repayments now and into the future. You can ask as many questions as you like, questions are good!
Lets do this
You’ve decided you’d like to proceed with one of the options we’ve worked through together, that’s great. What we need now is to give you a bit of a shopping list so we can begin the application process on your behalf. We’ll be asking for documents such as a ‘breakdown of costs per stage document’, payslips, bank statements, proof of id and probably a few more! Again, any questions whatsoever, just let us know.
Agreement in Principle
We have obtained the Agreement in Principle for you which means you have a certificate to show Estate Agents proving you are in a strong financial position to view and offer on properties.
Whilst your application is progressing we will provide ongoing support with your mortgage application through to the exchange of contracts and completion which is the day you get the keys to your home. This means we will liaise with solicitors, lenders, estate agents and completely keep you in the loop throughout
Protection review
Whilst your mortgage application is progressing it is time to make sure you are aware of the importance of protecting you and your build. We can run through a full review of any existing cover you may have already in place with employer benefits and any current policies, looking at any shortfalls and what’s important to you to address so you do not risk losing your home!
Ongoing support
We will supply you with ongoing support with your mortgage application through to you exchanging contracts and completing on the mortgage. We will regularly monitor the progress of your application and liaise with solicitors, lenders, estate agents and completely keep you in the loop throughout.
First stage released, you are ready to BUILD!
Now for the exciting bit! You’ve completed and you’re now the official owner and you are ready to build your dream home. Now the hard work starts!!
Completion of the build
General Mortgages
Fee: £499
We provide a highly personalised service that is second to none and includes:
-
- Dedicating the time to extensively research the market from our network of mortgage companies to find a solution that works best for you and your pocket
- Providing full administrative support to make the process as smooth, seamless and enjoyable as possible
- Arranging a decision in principle from the mortgage provider
- Completing the full mortgage application paperwork on your behalf
- Providing any further documentation required from the lender with no time delays
- Chasing solicitors, estate agents and lenders on your behalf
- Keeping you updated every step of the way
- Responding to all your enquiries and questions within one working day of receiving correspondence
- We will not charge our professional fee until the mortgage is fully approved and a formal offer is issued
How can we help you?
all fields marked with an * are required