Skipton Building Society has become the latest lender to join the BuildLoan self-build mortgage lending panel with an exclusive flexible two-year stepped discount mortgage.
The key features of the BuildLoan self build mortgage are:
Steve Aldous, sales and marketing general manager at Skipton Building Society, says: “Skipton has been successfully working with BuildStore for some time in the provision of self-build mortgages direct to the customer, so is naturally delighted to also become a lender partner on this intermediary focused product, BuildLoan.
“With the number of new houses being built falling well short of demand, we see self-build mortgages moving into mainstream lending and becoming a market that no intermediary can afford to ignore.”
Raymond Connor, managing director of BuildStore says: “We are delighted to have a lender of the calibre of Skipton become a BuildLoan lending partner. With the growth we are seeing in self build we believe that this market holds huge potential for intermediaries giving self-build the potential to be the next 'buy-to-let'.”
Intermediaries enquiring about BuildLoan should call Buildstore on 0870 870 9499 or visit www.buildloan.co.uk