TYLER MORTGAGE MANAGEMENT - INDIVIDUAL EXPERT ADVICE
Self-Build and Property Development Mortgages
When rising house prices get out of control, building your own home on some suitable land becomes more popular. Add to this the influence of the many TV programmes concerning developing and building your own home and you can see why the growth of the self–build market has been a significant feature in the last 10 years.
For such a project, be it a substantial renovation, or a complete new build, or residential development specifically for profit, you will generally require specialist mortgage funding.
Development finance and self-build mortgages share a particular requirement: money has to be made available in stages as the project progresses.
There are different ways in which such funding is arranged and our self-build finance experts can discuss your needs with you.
Since the beginning of the Credit Crunch, lenders (who were already scarce in this area before) for Development Finance and Self-Build are hard to come by, but we aim to obtain you the best of the available solutions and match your requirements with the lenders' demands so that your project can commence and move on in a sustainable and profitable manner.
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Your property may be repossessed if you do not keep up repayments on your mortgage.
To discuss your current or future mortgage requirements please call 020 7930 7242.
A typical fee for arranging your mortgage is 1.5% of the loan amount.