- Max 80% LTV for both purchase and remortgage, plus we will lend against the land value and consider cases where the build has started. (For a remortgage, applicants need to be the owner on the Land Registry.)
- Eco self build product, with lower interest rate and lower completion fee, for self builders and renovators aiming for EPC A or B.
- Clients benefit from flexible stage releases with no set stages, so they can access funds to suit their individual project.
- Interest only available during the build.
- Upon build completion your client can switch penalty free to one of our residential retention products.
- All self builders whose finished property is EPC A or B qualify for a lower interest rate follow-on product.
- Loans up to £2million, refer if over.
To be eligible for the eco self build product, applicants must intend to implement at least two of the following eco-features: photovoltaics, solar panels, air source heat pump, ground source heat pump, rain water harvesting, greywater collection, triple glazing, mechanical ventilation with heat recovery system, biomass pellet boiler, wind turbines, higher than usual levels of thermal insulation, geothermal heating, compostable toilet or electric car charging stations. These features will need to be evidenced in the plans/costings.