Lenders

BuildStore works with a panel of mortgage lenders to ensure that there is a range of products available via the Accelerator self build mortgage to suit you. These mortgages are only available via Buildstore.

THESE MORTGAGES ARE NOT AVAILABLE AT YOUR LOCAL BANK AND BUILDING SOCIETY BRANCHES.

Accord Mortgages

Accord Mortgages is the intermediary lending arm of Yorkshire Building Society which has assets of over £14bn. Through BuildStore, Accord offers self builders an offset mortgage account which means that stage releases during the build are paid into an Accord savings account with the result that interest is only charged as you withdraw the money from that account to pay for the build as it progresses.

Intelligent Finance

Intelligent Finance is the specialist offset mortgage lender in the Halifax Bank of Scotland Group. Through BuildStore they have developed an exclusive scheme for people looking to refurbish a home which releases the money required for the refurbishment when it is needed before the work commences. This is unlike other lenders who typically apply a retention meaning that you have to complete and fund the work before any money is released to you. The offset facility from Intelligent Finance is ideal for people looking to do a refurbishment project as the money for the work will be released into your current account with Intelligent Finance and will be offset against your mortgage until you pay your refurbishment bills. This keeps interest payments down during the project and saves you money.

To complement your Intelligent Finance refurbishment mortgage you are also eligible for a free BuildStore Trade Card which not only gives you a credit limit of up to £25,000 at our merchant partners but enables you to purchase the materials you require for your project at special low prices.

Skipton

Skipton is the UK’s 7th largest Building Society with group assets of over £10 billion. It is dedicated to mutuality and is run for the benefit of its members. By remaining mutual and not having to pay dividends to shareholders it can operate within much narrower margins, enabling it to offer more favorable rates to borrowers.

TMB

The Mortgage Business is part of HBOS (the company formed by the merger of Halifax and Bank of Scotland). It offers self build, renovation and home improvement mortgages on a self certification of income basis.

Comparison of mortgages Mortgage