This type of mortgage can be complex and the devil is in the detail. Many lenders channel their business exclusively through BuildLoan because they recognise this type of client requires additional specialist help on issues such as planning, costings and cashflow projections.
Using BuildLoan, you will benefit from our enormous experience and unbeatable knowledge of lending policies, procedures and criteria in this specialist area. We will work with you to expertly package your case to the lender and secure a mortgage offer for your client.
Team of experienced in-house self build case managers
On receipt of a Decision in Principle, your client's file will be passed to our team of experienced in-house case managers for initial assessment. Lenders may provide a DIP based on specific conditions outwith normal lending criteria for full application. Your case manager will compile a final list of items required from your client and once DIP approved, they will work with you to collate all of the required paperwork from your client.
Costings evaluated by industry professionals
Your clients costings for their entire project will be evaluated by industry professionals, making sure their budget expectations for the size and construction type are realistic and achievable. Once your client's costing evaluation is complete, their case manager will produce a tailored cashflow for them, to ensure sufficient funds are available at every stage of their project.
Cases individually assessed and expertly packaged to the lender
When all of required documentation has been received, your BuildLoan Case Manager will assess and package your client's case and instruct the valuation of your client's plot. We take an individual approach to every case.
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