BuildStore - self build, renovation & home improvement

Ideal Home Improvement Mortgage

Key features of the Ideal Home Improvement Mortgage

The Ideal Home Improvement Mortgage has been created especially for home improvers and is designed to ensure that your project is as smooth and hassle free as possible. Key features and benefits include:

Features
Benefits to you
Borrow up to 90% of your land and build costs.

This allows you to get your project underway with only a 10% deposit.
This low deposit requirement means there is no need to sell your existing house to raise money before your new house is complete.

Stage payments made in advance of each stage of the build.

Having money when you need it puts you in a stronger negotiating position when buying materials and labour and lessens the risk of workmen leaving the site because they have not been paid.

Range of lenders and interest rates.

BuildStore works with a number of different mortgage lenders, to ensure you can choose a mortgage type and interest rate to suit your particular circumstances

Purchase land with only outline planning permission.

Some lenders will only lend on land which has detailed planning permission which can take months to arrange.  With an Accelerator mortgage you can move quickly to secure your ideal plot with only outline planning permission as soon as it becomes available.

Your home may be repossessed if you do not keep up repayments on your mortgage.

For arranging self build and custom build mortgages, we charge a fee of 695. 95 is payable on application
and a further 600 on offer. For all other mortgages we charge a fee of 395 which is payable on offer.

2017 BuildStore Mortgage Services Ltd. All rights reserved.

BuildStore Mortgage Services Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited
which are authorised and regulated by the Financial Conduct Authority.
BuildStore Mortgage Services Limited. Registered Office: 8 Houstoun Interchange Business Park, Livingston, EH54 5DW. Registered in Scotland Number: SC448916

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