There are a number of lenders that offer self-build mortgages. Some will lend on just the build cost, others will lend on land and build cost. Some of the partners of Trinity are also developers themselves, and as a result we have a particular expertise in self-build. We've literally been there and done it!
We have a semi-exclusive deal with a specialist self-build lender. The lender offers 85% of the value of the land (with either outline or detailed planning permission) and 85% of the total build costs.
Once the land has been purchased, you can then raise the next tranche of money in advance. There are then a number of key stages when you draw down the money.
All monies are paid in advance. We can give assistance on finding land or a reputable builder. We can help you through the self-build minefield, as we can give you the benefit of our experience from having used the mortgage ourselves! If you would like to discuss a self-build deal with us, then contact us.
We are involved from one off self-build properties to small housing estates, we can also arrange finance on commercial premises which covers the construction of small blocks of flats, industrial units etc.