Building a home is a complicated process that involves different parties including council, solicitors, builders, contractors, lenders etc. With so many people involved in the process, there is always the possibility of a communication breakdown and things may go wrong.
Construction loans process is also complicated and different from a traditional home loan.
What we can do to help?
- Our job as a mortgage broker is to reduce the delay time, as they arise and, where possible, prevent them from occurring in the first place.
- Discuss with the lender to confirm their process, find out when you will be required to contribute your deposit, then work out the best way to structure your loan.
- We will also help you to get the best rates.