Mortgages for self building
MortgageLine provide the complete financial solution to help you build your own home or extension.
Special features of the MortgageLine self-build homeloan are as follows:
- interest only payments for up to 18 months while you are building your home. This makes it easier to continue to pay your existing living expenses while your property is under construction.
- Stage payments mean you only draw down funds as you need them, thus saving on interest payments. We can provide as many stage payments as you need.
- You can borrow 80% of your site cost and up to 100% of the building costs, as long as your total borrowings do not exceed 90% of the completed property’s value.
- Your MortgageLine Advisor can liaise directly with your Engineer or Architect for each stage payment.
Give us a call on 01 707 9880 or request a call back
Warning: The entire amount that you have borrowed will still be outstanding at the end of the interest only period.