Self-build mortgages offer a distinct approach compared to traditional residential mortgages. Rather than receiving a lump sum upfront, funds are released gradually in stages aligned with the progress of your build. With this method, you only pay interest on the amount drawn down, ensuring cost-effectiveness throughout the construction process.

Given that each lender has specific criteria for self-build mortgages, it's crucial to consult an expert who can assess your project's requirements and align them with your personal circumstances. By collaborating with a knowledgeable professional, you can secure the right financing tailored to your self-build project, maximising its potential and meeting your unique needs.