Financing your self build
With
a traditional self build mortgage, you have to find large amounts of
money to pay for the land and materials in advance of getting funds
from the lender. This results in many self builders having to sell
their existing homes and either move into rented accommodation, a
caravan, or stay with relatives during their build.
We have
all seen the nightmare stories on TV about self builders running out
of finances halfway through the project. That's why we were so
impressed with the Accelerator mortgage. It has been specially designed to give a positive
cash flow by releasing funds in advance and provides up to 95%
borrowing on the land and then up to 95% borrowing on the build as
it progresses.
What is so special about Accelerator though is
that payments are made in advance of
the major purchases and with up to 95% of the purchase price
released you have to find a much lower amount of money from your
own resources. This means you are in a much better cash flow
situation than if you were using a traditional self build mortgage
and therefore have much more control over whether or not to stay in
your own home during the build.
The
revolutionary Accelerator mortgage gives self builders the kind of choice
that was once only available to
house purchasers.
You can
apply online for The
#1 self build mortgage by clicking here.
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