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The Mortgage Finance Blog

Mortgage, Remortgage and Secured Loan News & Views

Self Build Mortgages

10 August 2009

nm finance is please to announce the launch of a new portal for customers looking for self build mortgages. We have a long history of arranging finance for property development, whether as a self build mortgage or funding for large commercial developments.

The current economic conditions favour those looking to build their own home as the price of building plots has decreased dramatically over the last 18 month, the stamp duty threshold has been increased to £175,000 and the VAT has been reduced. Additionally, bank base rate is at a record low and lenders are keen to lend in this sector meaning that there couldn’t be a better time to build your own dream home.

For more information about self building, why not take a look at Self Build Mortgages.

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New Mortgage Finance Ltd, Portal House, Alkmaar Way, Norwich International Business Park, NORWICH, NR6 6BF
Authorised and regulated by the Financial Services Authority in respect of mortgage and insurance mediation activities.

NOTE: Only residential first mortgages and some commercial mortgages are regulated by the Financial Services Authority.
Secured loans are regulated under the Consumer Credit Act.