Self Build Mortgages

*Only for use by authorised BuildLoan Intermediaries*

We’re proud to have a common sense approach to lending – with each case being manually underwritten. This means that throughout the process, we’re able to offer flexibility to support you and your clients with direct access to an underwriter.


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Our mortgages

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Buildloan Self-Build Mortgage (£120,000 - £700,000)

Initial Interest Rate

5.71%

Maximum Loan To Value (LTV)

80%

Overall Cost for Comparison

7.50%

Product Code

IP514

The following is a representative example based on a mortgage of £180,000 payable over 25 years initially on a discounted variable rate of 5.71% for 2 years, a further discounted variable rate of 6.39% for 4 years, followed by our Standard Variable Rate of 8.14%. In this example you would make 1 payment of £2,008.19, 22 monthly payments of £1,135.23, 48 payments of £1,198.48, 224 monthly payments of £1,360.79 and 1 payment of £490.87.

The total amount payable would be £392,592.12 made up of the loan amount plus interest of £209,818.12 and the following costs, a Scheme Fee (£1,499.00), CHAPS/Telegraphic Transfer Fee (£25.00),  Valuation Fee (£505.00), Buildloan Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.50% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Buildloan Self-Build with Build Out Fee Incentive (£150,000 - £1,000,000)

Initial Interest Rate

6.06%

Maximum Loan To Value (LTV)

80%

Overall Cost for Comparison

7.55%

Product Code

IP515

The following is a representative example based on a mortgage of £180,000 over 25 years initially on a discounted rate of 6.06% for 2 years, a further discounted rate of 6.39% for 4 years, followed by our Standard Variable Rate of 8.14%. In this example you would make 1 payment of £2,100.31, 22 monthly payments of £1,174.03, 48 payments of £1,200.53, 224 monthly payments of £1,363.14 and 1 payment of £490.87.

The total amount payable would be £393,662.64 made up of the loan amount, plus interest of £211,388.64, a CHAPS/Telegraphic Transfer Fee (£25.00), Scheme Fee (£999.00), Valuation Fee (£505.00), Buildloan Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.55% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Buildloan Low LTV (60%) Self-Build Mortgage with Fee Incentives (£150,000 - £1,200,000)

Initial Interest Rate

5.49%

Maximum Loan To Value (LTV)

60%

Overall Cost for Comparison

7.50%

Product Code

IP490

The following is a representative example based on a mortgage of £180,000 payable over 25 years initially on a discounted variable rate of 5.49% for 2 years, a further discounted variable rate of 6.39% for 4 years, followed by our Standard Variable Rate of 8.14%. In this example you would make 24 monthly payments of £1,104.28, 48 payments of £1,197,06 and 228 monthly payments of £1,362.19. This example assumes the repayment method is capital and interest.

The total amount payable would be £397,314.92 made up of the loan amount plus interest of £214,540.92 and the following costs, a Scheme Fee (£1,499.00), CHAPS/Telegraphic Transfer Fee (£25.00), Valuation Fee (£505.00), Buildloan Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.5% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Buildloan Self-Build Accelerator Mortgage (£150,000 - £700,000)

Initial Interest Rate

6.54%

Maximum Loan To Value (LTV)

80%

Overall Cost for Comparison

7.65%

Product Code

IP516

The following is a representative example based on a mortgage of £180,000 over 25 years initially on a discounted rate of 6.54% for 2 years, a further discounted rate of 6.39% for 4 years, followed by our Standard Variable Rate of 8.14%. In this example you would make 1 payment of £2,228.03, 22 monthly payments of £1,228.28, 48 payments of £1,203.20, 224 monthly payments of £1,366.15 and 1 payment of £493.18.

The total amount payable would be £395,788.57 made up of the loan amount, plus interest of £213,514.57, a CHAPS/Telegraphic Transfer Fee (£25.00), Scheme Fee (£999.00), Valuation Fee (£505.00), Buildloan Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.65% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Buildloan Self-Build Accelerator Mortgage (£150,000 - £700,000)

Initial Interest Rate

6.14%

Maximum Loan To Value (LTV)

80%

Overall Cost for Comparison

7.60%

Product Code

IP517

The following is a representative example based on a mortgage of £180,000 payable over 25 years initially on a discounted variable rate of 6.14% for 2 years, a further discounted variable rate of 6.39% for 4 years, followed by our Standard Variable Rate of 8.14%. In this example you would make 1 payment of £2,121.67, 22 monthly payments of £1,182.99, 48 payments of £1,200.99, 224 monthly payments of £1,363.66 and 1 payment of £494.94.

The total amount payable would be £394,523.75 made up of the loan amount plus interest of £211,749.75 and the following costs, a Scheme Fee (£1,499.00), CHAPS/Telegraphic Transfer Fee (£25.00), Valuation Fee (£505.00), Buildloan Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.60% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Buildloan Low LTV (40%) Self-Build Mortgage with Fee Incentives (£150,000 - £1,400,000)

Initial Interest Rate

5.11%

Maximum Loan To Value (LTV)

40%

Overall Cost for Comparison

7.38%

Product Code

IP518

The following is a representative example based on a mortgage of £180,000 over 25 years initially on a discounted rate of 5.11%, for a total of 2 years, followed by a discounted rate of 6.39% for 4 years and then by our Standard Variable Rate of 8.14%. In this example you would make 1 payment of £1,851.42, 22 monthly payments of £1,070.22, 48 payments of £1,194.72, 224 monthly payments of £1,356.52 and 1 payment of £496.26.

The total amount payable would be £389,993.56 made up of the loan amount, plus interest of £207,099.56, a CHAPS/Telegraphic Transfer Fee (£25.00), Valuation Fee (£625.00), Scheme Fee (£1,499.00), Buildloan Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.38% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Buildloan Self-Build Renovation Arrears (£150,000 - £700,000)

Initial Interest Rate

5.60%

Maximum Loan To Value (LTV)

80%

Overall Cost for Comparison

7.44%

Product Code

IP519

The following is a representative example based on a mortgage of £180,000 over 25 years initially on a discounted rate of 5.60% for 2 years, a further discounted rate of 6.39% for 4 years, followed by our Standard Variable Rate of 8.14%. In this example you would make 1 payment of £1,979.38, 22 monthly payments of £1,123.16, 48 payments of £1,197.82, 224 monthly payments of £1,360.04 and 1 payment of £490.42.

The total amount payable would be £391,498.64 made up of the loan amount, plus interest of £209,323.64, a CHAPS/Telegraphic Transfer Fee (£25.00), Scheme Fee (£900.00), Valuation Fee (£505.00), Buildloan Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.44% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Buildloan Self-Build Renovation Arrears (£150,000 - £700,000)

Initial Interest Rate

5.85%

Maximum Loan To Value (LTV)

80%

Overall Cost for Comparison

7.44%

Product Code

IP520

The following is a representative example based on a mortgage of £180,000 over 25 years initially on a discounted rate of 5.85% for 2 years, a further discounted rate of 6.39% for 4 years, followed by our Standard Variable Rate of 8.14%. In this example you would make 1 payment of £2,045.02, 22 monthly payments of £1,150.67, 48 payments of £1,199.31, 224 monthly payments of £1,361.75 and 1 payment of £492.58.

The total amount payable would be £391,726.22 made up of the loan amount, plus interest of £210,451.22, a CHAPS/Telegraphic Transfer Fee (£25.00), Valuation Fee (£505.00), Buildloan Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.44% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Buildloan Self-Build Renovation Advance (£150,000 - £700,000)

Initial Interest Rate

5.98%

Maximum Loan To Value (LTV)

80%

Overall Cost for Comparison

7.52%

Product Code

IP521

The following is a representative example based on a mortgage of £180,000 over 25 years initially on a discounted rate of 5.98% for 2 years, a further discounted rate of 6.39% for 4 years, followed by our Standard Variable Rate of 8.14%. In this example you would make 1 payment of £2,079.30, 22 monthly payments of £1,165.11, 48 payments of £1,200.08, 224 monthly payments of £1,362.61 and 1 payment of £493.60.

The total amount payable would be £393,208.80 made up of the loan amount, plus interest of £211,033.80, a CHAPS/Telegraphic Transfer Fee (£25.00), Scheme Fee (£900.00), Valuation Fee (£505.00), Buildloan Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.52% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Buildloan Self-Build Renovation Advance (£150,000 - £700,000)

Initial Interest Rate

6.23%

Maximum Loan To Value (LTV)

80%

Overall Cost for Comparison

7.52%

Product Code

IP522

The following is a representative example based on a mortgage of £180,000 over 25 years initially on a discounted rate of 6.23% for 2 years, a further discounted rate of 6.39% for 4 years, followed by our Standard Variable Rate of 8.14%. In this example you would make 1 payment of £2,145.43, 22 monthly payments of £1,193.11, 48 payments of £1,201.50, 224 monthly payments of £1,364.22 and 1 payment of £499.38.

The total amount payable would be £393,425.51 made up of the loan amount, plus interest of £212,150.51, a CHAPS/Telegraphic Transfer Fee (£25.00), Valuation Fee (£505.00), Buildloan Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.52% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.