Are you torn between renovating your current home and moving to a new property? We've broken down the pros and cons for you.
Do you dream of buying a plot of land and building your own home?
If the answer is yes, Newbury Building Society may be able to help you. Self-building enables you to choose exactly what sort of property you want and build it to your specifications. Around 10% of new homes in the UK are self-built.
To get a mortgage for a self-build project, speak to us to discuss your options. We’ll need to check the plans in detail before making a lending decision and because it’s likely that your project will take some time, we can arrange to release your funds in stages in line with the progress of the build.
Great service for new mortgage. We were struggling to find a mortgage that suited our needs for a self build project but NBS found a solution that was right for us. Dealing with their representatives has been a pleasure - they are always helpful and made the process very easy.
We understand that dreams need funding and we can help our customers build theirs:
- Our mortgage product is designed for self-build projects
- Funds can be released in line with the progress of the project, so you are not paying interest on funds you are not using
- Interest-only mortgage until project completion
- Help from our experienced and qualified mortgage advisers on which product is right for you and your project
Appointments are available by video call, by phone or in branch. We have Saturday appointments available and can also offer same day appointments. See our making a mortgage appointment page for further details or click contact now.
If you are new to self-building, here are some resources that you may find helpful:
|The National Custom & Self-Build Association (NaCSBA)||The official association of self-builders in the UK.|
|The Self-Build Portal||NaCSBA run, government-endorsed website and forum which helps self-builders.|
|The Self-Build Guide||This free site offers expert advice from veteran self-builders on traditional self-build projects, conversions and specialist eco homes.|
|Plot Finder||UK plot and renovation project finding service.|
|Build a Dream Self-Build Association||Membership based self-help group for self-builders.|