Financing your
Custom or Self-Build Project
Financing a custom or self-build project can feel daunting, but choosing the right mortgage product makes all the difference. At Custom Build Homes, we work closely with BuildStore Mortgage Services to ensure buyers and developers have access to the most comprehensive and reliable financing options available in the UK.
1. Arrears Stage Release Mortgages
Arrears-based mortgages release funds only after each stage of the build is completed and inspected. While they are available, and often suit buyers who already own their plot at the point they need mortgage finance, they often require buyers to have significant cash deposits upfront to pre-fund costs, particularly for projects involving:
- Off-site manufacturing, like timber-frame
- Complex or bespoke designs
For many buyers, the financial strain of upfront funding makes Arrears-based mortgages less practical, especially for innovative or highly customised builds.
2. Advance Stage Release Mortgages
3. Cost-Based Mortgages
Cost-based mortgages are the most buyer-friendly option available, eliminating the need for interim valuations during the build. Funds are released based on agreed costs at each stage of the build, offering a straightforward and predictable solution ideal for complex or high-value projects, or multi-unit developments where developers are building homes on a contract basis.
The BuildStore Difference
Why BuildStore is the leader in custom and self-build financing
Innovative Products
BuildStore is the sole provider of Advance and Cost-based mortgages, designed to meet the modern buyer’s needs.
Unmatched Market Access
BuildStore has access to 100% of the lending market in the UK, with more than 70 specialist mortgage products available exclusively from BuildStore. This ensures buyers get the best finance advice, and access to the entire market to choose from.
Reliable Payments
Their enhanced products mean stage payments are guaranteed to align with project timelines, minimising delays and risks.
Multi-Unit Project Expertise
BuildStore is the only mortgage company in the UK equipped to provide financing for multi-unit self or custom-build developments, making them indispensable for developers.
A message to custom and self-build developers
- Secure site-wide pre-agreed mortgage supply for every buyer.
- Provide the most buyer-friendly financing options on the market.
- Ensure timely, reliable stage payments for smooth project delivery.
Speak with BuildStore today
BuildStore Mortgage Services provides unparalleled support to both buyers and developers. They ensure buyers have access to the best mortgage products, while developers benefit from enhanced sales success through reliable financing solutions.
Contact us today and we’ll make the introduction!