Case Study

Key Facts:

  • Planning agreed for a detached 4 bed dwelling

  • Site value £450,000

  • Loan required : £650,000

  • Gross development value: 1,200,000

  • Clients were professional contractors with no employed position

  • SIPS construction

The client approached us to see if it was feasible borrow 100% of the build cost for their project after buying a plot from the sale of their old home.  

The clients we’re day rate contractors who were told by another broker that they could not borrow enough money due to their tax returns

Using our relationship with a specialist self build lender , we managed to secure a self build mortgage to fund 100% of the build costs using the clients current contract value rather than the income they paid them selves from their company.