Self Build Mortgage
Initial rate
4.19% (variable)
then reverting to our SVR minus 1.00%
4.39%
Product period
24 Months
Arrangement fee
1% of Loan
LTV rate
80.00%
APRC
4.70% APRC
Decision in Principle referrals will be looked at within 2 working days.
New and Existing Applications - Our processing and underwriting team are working at 5 working day SLAs due to the high volume of applications we are experiencing.
You are required to provide a full packaged case upon submission of the full mortgage application. Please bear with us and you will receive an update when your application is being reviewed. Please do not call or email our processing team for an update unless you are outside of this 5 working day timeframe.
Available to self-builders who want to buy a plot of land to build a new house or refurbish an existing structure for their own occupation.
Does your client dream of starting from scratch, buying a plot of land and building their own home? Or perhaps they're looking to find a place that needs a complete refurbishment where they can put their own stamp on it. At Saffron, we understand dreamers and that is who our self-build mortgage is designed for.
Because it’s likely that a self build project will take shape over a period of time, we’ll release the funds in stages, in line with the progress of the build. An added benefit is that we allow the option to repay interest-only until the project is completed.
Custom build homes are self-built homes that are facilitated by a professional developer. They offer the chance to have a unique property that suits an individual’s lifestyle and preferences but minus the high degree of involvement associated with traditional self-builds. Custom building can describe a single one-off home commissioned by an individual and built by a developer, or a group of homes built by a developer but offering the future occupants the chance to tailor the design.
4.19% (variable)
4.39%
24 Months
1% of Loan
80.00%
4.70% APRC
3.99% (variable)
4.39%
24 Months
1% of the loan
65.00%
4.60% APRC