BuildLoan Mortgage Rates & Fees Comparison
BuildLoan offers a range of fixed and variable rate mortgages that could be suitable for you.
What types of mortgages can I get with BuildLoan?
- Fixed rate
- Discounted rate
- Variable rate
Your interest rate is fixed for a set amount of time. After the fixed-rate period ends, you’re switched onto the lender’s standard variable rate (SVR).
The interest rate shifts up and down in line with the Bank of England base rate.
Your interest rate will remain a specific percentage below the lender’s SVR for a set amount of time. After the discount period ends, you’ll be switched onto the SVR.
You’ll pay the lender’s standard variable rate throughout the term of the mortgage, which may shift up and down based on various economic conditions.
How to apply
You can only apply for a Buildloan mortgage via a mortgage broker.
What information do I need to provide?
You’ll need to provide proof of identifcation, proof of address, your last three months of bank statements, your latest P60, your last three months of bank statements, your last three months of payslips (or three years of accounts if self-employed).
You’ll need to provide proof of Outline Planning Permission to be granted the mortgage. Detailed Planning Permission will also be required before further funds are released towards the build of the property.
Buildloan only lends towards the completion of self-build projects in England and Wales. The applicant(s) must be at least 18 years old when applying and no older than 70 when the mortgage term is due to end. All approvals are subject to an affordability assessment.
For general enquiries, you can 0345 223 4447, email email@example.com or request a callback via the Buildloan website. Alternatively, send a letter to 8 Houstoun Interchange Business Park, Livingston, EH54 5DW.
Compare BuildLoan using a mortgage broker.
There are huge benefits to choosing to use a mortgage broker to help you get the right deal. They will do all of the hard work and research for you. They are experts in comparing the hundreds of loans and lenders out in the market based on your individual needs and eligibility, so you won’t have to worry about being forced into a deal. Your broker will also negotiate with your chosen lender on your behalf to make sure you are getting the right deal for you.
L&C work with over 80 different mortgage lenders, including BuildLoan, giving you a great opportunity to compare different mortgage deals in the market. To apply for a mortgage through L&C click the link below.
London and Country Mortgage Experts
L&C is a specialist broker offering mortgage comparison & free advice.
- Compare over 80 mortgage lenders
- Fee FREE mortgage advice
- Personal customer service from start to finish
- Open 7 days a week
Frequently asked questions
Find a mortgage using a broker to compare the market
Ask an Expert