renovation and self-build
Building a new home or taking on a renovation project gives you the chance to create your dream home. It can also prove to be a very shrewd investment move. You could significantly increase the value of your property and, if it’s your main residence, any capital growth will be tax-free.
How Active Mortgage Advice can help
Financing this kind of project is easier than you might think. This is an area of the mortgage market in which some lenders specialise and you should have a range of options. With some deals it’s possible to borrow up to 95% of the land and property purchase price and 100% of the development costs.
case study: renovation without stringsMr D wanted to renovate his property without committing a lot of capital to the project. We arranged a mortgage which funded 95% of the purchase price and 100% of the renovation cost. |
Your home may be repossessed if you do not keep up repayments on your mortgage.
No need to pay us a fee, unless you would like to receive the commission paid by the lender. more info

