JD Commercial Mortgages have over 14 years experience in the mortgage market and are confident in being able to give you the best advice possible when it comes to placing your Commercial Mortgage, Buy to Let Mortgage, Self-Build Mortgage or Secured Loan

Self Build Mortgage

The Self Build Mortgage for Self Builders

Renovators, Refurbishments and ConversionsAre you looking for a self build mortgage?

Then we can help. As an accredited, whole of market, intermediary we have access to the BuildLoan self-build mortgage.

BuildLoan was launched by the self build industry in response to demand for a self build mortgage which overcame the obstacles which self builders traditionally faced.

As with other self build mortgages, the cost of the build and land is worked out and
split into various work stages, but the key benefit of BuildLoan is that the money –
up to 95% of the cost of land and build up to £300,000 and 85% to £500,000 - is released at the start of each stage, giving you positive cash flow right through the project. This makes the build process easier and quicker, as you have funds to pay for labour and materials as they fall due. It also means that you can secure your plot without having to release equity in your existing home.

Live in a caravan on site?

No need! BuildLoan can run alongside your existing mortgage during the build, allowing you to remain in your own home while building, so you won’t need to move onto site or incur storage costs. BuildLoan lends a guaranteed 85 to 95% of the cost of each build stage and there is no need for any interim valuations – so no costly delays waiting for funds to be released.

Homeowners?

If you already own your own home a self-build mortgage can also be used to fund the extension you have been planning or the new loft conversion you have dreamed of. The advance cash flow stops the worry of paying the builder and the materials – the cash is agreed and there for you in advance.

First time buyers?

It is an ideal market for the first time buyer to renovate an older house or flat and get onto the housing ladder. People looking to move up the housing ladder quickly are also using refurbishment as a way of accelerating the growth in value of their property. For families, improving and extending a property they currently live in can be a cost effective way of getting the space they need rather than moving house as there are not the costs associated with buying selling and moving.

For more information on Self-build mortgages call 01926 470442 or complete our quick quote.

Recommend a builder?

In association with RJD Construction Ltd of Leamington Spa, we can help with all aspects of the building.
From the initial design and planning stage, through to construction of the new-build or renovation RJD Construction can assist you. Whether you want to self manage the build or you want RJD Constructions to project manage or just provide the trades they can help.

Contact: 01926 421380 email: info@rjdconstructionltd.co.uk web: www.rjdconstructionltd.co.uk

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

J D Finance is a trading style of J D Finance Mortgages Ltd an Appointed Representative of Personal Touch Financial Services Ltd, which is authorised and regulated by the Financial Services Authority.

We normally do not charge a fee for Mortgage Advice, however a fee paying option is available. A typical fee is £299

For Commercial Mortgages visit JD Commercial Mortgages

JD Finance(Mortgages) Ltd
104 Telford Avenue, Leamington Spa, Warks, CV32 7HG
Company registration no. 6216277
Tel: 01926 470442 Fax: 0845 6801607

We cover all areas of Warwickshire:
Leamington Spa, Coventry, Warwick, Stratford upon Avon, Rugby and Kenilworth

Some of the products/services shown above are not or may not be regulated by the Financial Services Authority