Self Build Mortgages

The following is a representative example based on a mortgage of £700,000 payable over 25 years initially on a discounted variable rate of 6.00% for 2 years, a further discounted variable rate of 7.14% for 4 years, followed by our Standard Variable Rate of 8.39%. In this example you would make 24 monthly payments of £4,510.11 payments of £4,980.93 and 228 monthly payments of £5,453.19. This example assumes the repayment method is capital and interest.

The total amount payable would be £1,595,984.60 made up of the loan amount plus interest of £890,654.60 and the following costs, a Scheme Fee of (£3,500.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£945.00), a Packager's Fee (£695.00), and Application Fee (£115.00) and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.9% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

The following is a representative example based on a mortgage of £160,315 payable over 25 years initially on a discounted variable rate of 6.00% for 2 years, a further discounted variable rate of 7.14% for 4 years, followed by our Standard Variable Rate of 8.39%. In this example you would make 24 monthly payments of £1,032.91, 48 payments of £1,140.74 and 228 monthly payments of £1,248.90 This example assumes the repayment method is capital and interest.

The total amount payable would be £367,183.56 made up of the loan amount plus interest of £203,979.56 and the following costs, a Scheme Fee of (£1,499.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£505.00), a Packager's Fee (£695.00), and Application Fee (£115.00) and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 8.0% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

The following is a representative example based on a mortgage of £160,315 payable over 25 years initially on a discounted variable rate of 5.80% for 2 years, a further discounted variable rate of 7.14% for 4 years, followed by our Standard Variable Rate of 8.39%. In this example you would make 24 monthly payments of £1,013.40, 48 payments of £1,139.47 and 228 monthly payments of £1,247.51. This example assumes the repayment method is capital and interest.

The total amount payable would be £365,525.02 made up of the loan amount plus interest of £203,133.44 and the following costs, a Scheme Fee of (£801.58), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£505.00), a Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 7.9% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Initial Interest Rate: The following is a representative example based on a mortgage of £160,315 payable over 25 years initially on a discounted variable rate of 6.25% for 2 years, a further discounted variable rate of 7.14% for 4 years, followed by our Standard Variable Rate of 8.39%. In this example you would make 24 monthly payments of £1,057.55, 48 payments of £1,142.28 and 228 monthly payments of £1,250.59. This example assumes the repayment method is capital and interest.

The total amount payable would be £368,119.16 made up of the loan amount plus interest of £205,030.16 and the following costs, a Scheme Fee of (£1,499.00), a Chaps/Telegraphic Transfer fee (£25.00), a Valuation Fee (£505.00), a Packager's Fee (£695.00), and a Mortgage Exit Administration Fee (£50.00).

The overall cost for comparison is 8.0% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Please note this representative example takes into account the reduction in interest rates due to take effect on 25th July 2025.

Initial Interest Rate (5.50% reducing to 5.40%), Follow on Variable Rate (7.14% reducing to 7.04%) and Standard Variable Rate rate (8.39% reducing to 8.29%). The representative example uses the lower Follow on Variable Rate of 7.04% and Standard Variable Rate of 8.29%.

The following is a representative example based on a mortgage of £200,000 over 25 years initially on a discounted rate of 5.50%, reducing to 5.40%, for a total of 2 years, followed by a discounted rate of 7.04% for 4 years and then by our Standard Variable Rate of 8.29%. In this example you would make 2 monthly payments of £1,228.17, 22 monthly payments of £1,216.32, 48 monthly payments of £1,406.33 and 228 payments of £1,540.20. This example assumes the repayment method is capital and interest.

The total amount payable would be £450,279.82 made up of the loan amount, plus interest of £247,884.82, a Funds Transfer Fee (£25.00), Valuation fee (£625.00), a Scheme fee of (£1000.00), a Buildloan Arrangement fee (£695.00), and a Mortgage Exit Administration fee (£50.00).

The overall cost for comparison is 7.7% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Please note this representative example takes into account the reduction in interest rates due to take effect on 25th July 2025.

Initial Interest Rate (6.25% reducing to 6.15%), Standard Variable Rate rate (8.39% reducing to 8.29%) and Follow on Variable Rate (7.14% reducing to 7.04%). The representative example uses the lower Initial Interest Rate of 6.15%, Standard Variable Rate of 8.29% and Follow on Variable Rate of 7.04%.

The following is a representative example based on a mortgage of £200,000 over 25 years initially on a discounted rate of 6.15% for 2 years, a further discounted rate of 7.04% for 4 years, followed by our Standard Variable Rate of 8.29%. This example you would make 24 monthly payments of £1,307.00, 48 monthly payments of £1,412.22 and 228 payments of £1,546.65. This example assumes the repayment method is capital and interest.

The total amount payable would be £454,064.7 made up of the loan amount, plus interest of £251,790.76, a Funds Transfer Fee (£25.00), Scheme fee (£999.00), Valuation fee (£505.00), a Buildloan Arrangement fee (£695.00), and a Mortgage Exit Administration fee (£50.00).

The overall cost for comparison is 7.80% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.

Please note this representative example takes into account the reduction in interest rates due to take effect on 25th July 2025.

Initial Interest Rate (6.59% reducing to 6.49%), Standard Variable Rate rate (8.39% reducing to 8.29%) and Follow on Variable Rate (7.14% reducing to 7.04%). The representative example uses the lower Initial Interest Rate of 6.15%, Standard Variable Rate of 8.29% and Follow on Variable Rate of 7.04%.

The following is a representative example based on a mortgage of £200,000 over 25 years initially on a discounted rate of 6.49% for 2 years, a further discounted rate of 7.04% for 4 years, followed by our Standard Variable Rate of 8.29%. This example you would make 24 monthly payments of £1,349.16, 48 monthly payments of £1,414.77 and 228 payments of £1,549.43. This example assumes the repayment method is capital and interest.

The total amount payable would be £455,832.84 made up of the loan amount, plus interest of £253,558.84, a Funds Transfer Fee (£25.00), Scheme Fee (£999.00), Valuation fee (£505.00), a Buildloan Arrangement fee (£695.00), and a Mortgage Exit Administration fee (£50.00).

The overall cost for comparison is 7.9% APRC representative.

Note: What you will pay may vary from this and will depend on your personal circumstances.