Self-build mortgages are a specialist area, but one we are very familiar with, one of our Directors being on his own second self-builds! Call us for an alternative viewing on financing, lenders and rates.
Mr and Mrs R were buying a semi derelict bungalow with a view to demolishing it and building a new family home. They had previously spoken to a self-build specialist and been quoted a high rate and 2% arrangement fee.
Solution
We were able to use our long established relationships to agree a bespoke mortgage allowing them to borrow 75% of both the land and build costs with lower interest rate and arrangement fee.
JLM Mortgage Services Ltd is registered in England, No. 470 1803. Registered office: JLM Mortgage Services Ltd, 21a Churchyard, Hitchin, Hertfordshire SG5 1HP. Registered company number 04701803. Registered in England & Wales.
JLM Mortgage Services Ltd is authorised and regulated by the Financial Conduct Authority, (FCA). We are entered on the Financial Services Register No: 300629 at https://register.fca.org.uk/.
The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain, and you are not satisfied with our response to your complaint you may be able to refer it to the Financial Ombudsman Service, which can be contacted as follows:
The Financial Ombudsman Service Exchange Tower, London, E14 9SR Tel: 0800 023 4567 or 0300 123 9 123 www.financial-ombudsman.org.uk
*A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £595. In some circumstances no fee will be payable.
Calls to and from our landlines and mobiles may be recorded to meet regulatory requirements.
