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 92% 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 to see what your Self-Build mortgage options are.