BuildStore in association with Graven Hill
 

Mortgages for Graven Hill

Whether you want to self build with the Golden Brick Detached Home and Pocket Plot options or you want the opportunity to shape some of the features of your new home with a Tailored Finish Terrace or Coach House - Graven Hill offers something for everyone.

At BuildStore, our specialist advisers can recommend and tailor your mortgage to suit your individual needs and the specific build and payment option you have chosen for your new home.

We have a range of EXCLUSIVE products developed to suit the specific needs of self and custom builders, offering higher lending percentages, competitive rates and a choice of arrears or advance stage payments.

The cash flow of your mortgage is key as it’s important to get the money you need WHEN you need it!

Find out how BuildStore can help you fund your dream home!

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How does a self or custom build mortgage work?

With a self or custom build mortgage the money is released in stages, rather than as a single amount. This type of mortgage is known as a stage payment mortgage.

With self build, at each stage of your project, as the value of the build increases, the lender will release a percentage of your overall funds.

With custom build, the stage payments are tailored around the specific stages and payment schedule of the development. Depending on your build option, you could have 3 or 4 stage payments or only 2 at the purchase of the land and completion of the build.

Is there more than one type of stage payment mortgage?

BuildStore has developed two unique mortgage packages which are designed to suit the very specific needs of self and custom builders. They are defined by when funds are released to you during the build process (in arrears or advance) and are tailored to suit both your income and the stages of your project.

The Accelerator mortgage (where you receive the funds in advance) was created by and is exclusive to BuildStore.

The type of stage payment mortgage you will require and the specific stages will depend on your income and which building option you choose at Graven Hill.

How much can I borrow?

With a self or custom build mortgage from BuildStore, you can borrow up to 95% of the cost of your plot and up to 95% of the cost of your build, either in arrears or advance of each stage of your build. These higher percentages make it possible to stay in your current home, while your new home takes shape, so you can avoid the upheaval and expense of moving into temporary accommodation.

We have a range of exclusive products developed to suit the specific needs of self and custom builders, offering higher lending percentages, competitive rates and a choice of arrears or advance stage payments, with new lenders and products available regularly.

 

BuildStore Key Benefits

Higher lending percentages (up to 95% of land and build costs)
Traditional or Advance stage payments
Competitive interest rates
Exclusive products and lenders
Interest only during the build
Ability to stay in your current home until your new one is complete
Tailored cashflow to suit your individual circumstances and build

 

Custom Build Homes at Graven Hill

Future phases of the site will include Shell Build Terrace & Mews Homes, Shared Ownership & Rental options and Apartments.

Arrange a call back

   

Email:enquiries@buildstore.co.uk     Phone:0345 223 4888
Copyright © 2018 Buildstore.co.uk, all rights reserved.
 

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

BuildStore Mortgage Services Ltd do not charge a fee for self build and custom build mortgages. For other mortgage types a fee of £395 is charged, which is payable on offer.

MAB 8558