Self-build Lending

* This page is for the use of authorised Buildloan intermediaries only. *

Make your self-build dream a reality. We release money to buy plots or property capped at a maximum 85% of the purchase price or value of the land, and then release the money for the building project in stages. The total advance must not exceed 80% of the estimated final valuation once the property is complete.

LTV’s are subject to lending criteria and products.

 

 

Self Build Mortgages

Our self-build mortgages are designed to release money to buy the plot/property, capped at a maximum 85% of the purchase… View options

Product Name

Loan to Value

Product Code

Buildloan Self Build Mortgage (£100,000 – £600,000)

80% LTV
IS711

Buildloan Self Build Mortgage (£600,000 – £1,000,000)

70% LTV
IS712

Buildloan Self-Build Mortgage with Buildout fee contribution (£100,000 – £600,000)

80% LTV
IS713

Buildloan Self-Build Mortgage with Buildout fee incentive (£150,000 – £600,000)

75% LTV
IS761

DIP Request

To submit the DIP request, please complete the relevant DIP Request form, save it and then email it to intermediaries@chorleybs.co.uk

Self Build DIP Request form View
x

Mortgage Payment

Amortization Calculator

£
%

Monthly Payment

£1,673,933,442.49

Total Interest Payable

£96,308,019,647.55

Total of Payments
(Principal + Interest)

£301,308,019,647.55

This information is for illustrative purposes only and does not contain all the details you need to choose a mortgage. All the information required will be provided during an interview with one of our mortgage advisers in a European Standardised Information Sheet.

We accept business from Appointed Representatives (ARs) and Directly Authorised (DA) intermediaries. However you must be registered via a Network or a Mortgage Club to submit a Decision in Principal or Application to us.

All cases are underwritten individually by our qualified underwriters. Call the mortgage team on 01257 235001.

x

Buy to Let Calculator

Please note that any fees you wish to add, should be added to the BTL loan amount

£
£
£

LTV

0%

Monthly Mortgage Payment (2.99%) Interest Only

£0.00

Monthly Mortgage Payment (Stress Tested 5.50%)

£0.00

Rent minus 10 day annual void

£0.00

MIN BTL Rental Figure Required 125% (Basic Rate)

£0.00


MIN BTL Rental Figure Required 148% (Higher Rate)

£0.00

This information is for illustrative purposes only and does not contain all the details you need to choose a mortgage. All the information required will be provided during an interview with one of our mortgage advisers in a European Standardised Information Sheet.

Mortgage Application

To submit a mortgage application to Chorley Building Society, please complete and return the relevant Mortgage Application Form to the postal address below.

Self Build Mortgage Application Form View
x

Mortgage Payment

Amortization Calculator

£
%

Monthly Payment

£1,673,933,442.49

Total Interest Payable

£96,308,019,647.55

Total of Payments
(Principal + Interest)

£301,308,019,647.55

This information is for illustrative purposes only and does not contain all the details you need to choose a mortgage. All the information required will be provided during an interview with one of our mortgage advisers in a European Standardised Information Sheet.

We accept business from Appointed Representatives (ARs) and Directly Authorised (DA) intermediaries. However you must be registered via a Network or a Mortgage Club to submit a Decision in Principal or Application to us.

All cases are underwritten individually by our qualified underwriters. Call the mortgage team on 01257 235001.

x

Buy to Let Calculator

Please note that any fees you wish to add, should be added to the BTL loan amount

£
£
£

LTV

0%

Monthly Mortgage Payment (2.99%) Interest Only

£0.00

Monthly Mortgage Payment (Stress Tested 5.50%)

£0.00

Rent minus 10 day annual void

£0.00

MIN BTL Rental Figure Required 125% (Basic Rate)

£0.00


MIN BTL Rental Figure Required 148% (Higher Rate)

£0.00

This information is for illustrative purposes only and does not contain all the details you need to choose a mortgage. All the information required will be provided during an interview with one of our mortgage advisers in a European Standardised Information Sheet.

Supporting Documents

Document Certification Form (self-build) View
Gifted Deposit Declaration Form View
Identification Criteria View
Self Employed Guide View

To check who is on our panel of solicitors click here to search

Please return the completed forms to the Intermediary Mortgage Team:

Mortgage Team
Chorley Building Society
Key House
Foxhole Road
Chorley
PR7 1NZ

If you have any questions or enquiries, please call us on 01257 235001 or email intermediaries@chorleybs.co.uk.

Speak to a friendly adviser on 01257 235001
Request a Callback






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Good choice of products - competitive rates - efficient service Withdrawal of maturity funds by faster payment would be a welcome addition.

Very efficient and pleasant on the phone.

Well informed, professional, friendly staff. Ability to phone directly to a branch (how it should be everywhere). Lovely to have seating and low counters. Would like passbook covers. Passbooks are another plus.

We went to Leyland branch. We have known CBS for many years and have never any bad reports about them. We were made to feel welcome and the young lady treated us very efficiently and with a smile!

As a new customer, good first impression. Staff were very helpful and I appreciated having a chair at the counter.

May be this is due to my age but I like to communicate with a human being. The service I received was second to none.

Very efficient, no fuss and pleasant staff

Speed of response in setting up the new account was outstanding - as was the accuracy and efficient of the work

Fantastic advisor who was able to guide me through the process from start to end