Buying a new build property? Not all lenders offer new build mortgages and some have specific requirements. We'll find the right lender and help you navigate the process.
New Build Mortgage Advice
New build mortgages have specific requirements that not all lenders accommodate. Some lenders don't lend on new builds at all, while others have restrictions on the type of developer, property size, or maximum loan-to-value.
Builder incentives — such as cashback, deposit contributions, or upgrades — also need to be declared and can affect your mortgage terms. We'll help you navigate these nuances and find a lender who accepts new build applications with the best possible terms.
Exchange and completion timelines on new builds can also be different from existing properties. We'll ensure your mortgage offer is valid for long enough and manage any extensions if the build overruns.
- Lenders who accept new build applications
- Builder incentive handling and declarations
- Help to Buy and shared ownership for new builds
- Extended mortgage offer periods for off-plan purchases
- Warranty and NHBC considerations