{"id":13363,"date":"2023-04-17T23:18:08","date_gmt":"2023-04-17T15:18:08","guid":{"rendered":"https:\/\/www.dev.articusfinance.com\/uncategorized-ch\/self-build-mortgage-for-uk-resident"},"modified":"2023-09-14T16:59:45","modified_gmt":"2023-09-14T08:59:45","slug":"self-build-mortgage-for-uk-resident","status":"publish","type":"post","link":"https:\/\/backup.articusfinance.com\/ch\/case-studies\/self-build-mortgage-for-uk-resident","title":{"rendered":"Self-build Mortgage for UK Resident"},"content":{"rendered":"<h2 style=\"font-size: 15px;\"><span style=\"font-family: Verdana, Geneva, sans-serif;\"><strong><span style=\"color: #134f5c;\">The case in brief<\/span><\/strong><\/span><\/h2>\n<p><!--more--><\/p>\n<ul style=\"font-size: 13px;\">\n<li><span style=\"color: #134f5c;\">Client: British national and resident\u00a0<\/span><\/li>\n<li><span style=\"color: #134f5c;\">Property type: Detached house\u00a0<\/span><\/li>\n<li><span style=\"color: #134f5c;\">Property value: \u00a32.4 million <\/span><\/li>\n<li><span style=\"color: #134f5c;\">Deposit Amount: \u00a3450.000<\/span><\/li>\n<li><span style=\"color: #134f5c;\">Loan Amount: \u00a31.15 million<\/span><\/li>\n<\/ul>\n<p><span style=\"font-family: verdana, geneva, sans-serif;\">Arranging a self-build mortgage can be more challenging than a <a href=\"https:\/\/backup.articusfinance.com\/ch\/mortgages\"><span style=\"color: #008080;\"><u>traditional mortgage<\/u><\/span><\/a> so sorting the correct advice is critical. Articus Finance is whole of market brokerage and our brokers have extensive professional relationships with <a href=\"https:\/\/backup.articusfinance.com\/ch\/private-bank-mortgages\"><span style=\"color: #008080;\"><u>the relevant lenders<\/u><\/span><\/a>. <a href=\"https:\/\/backup.articusfinance.com\/ch\/contact\"><span style=\"color: #008080;\"><u>Contact us<\/u><\/span><\/a> to learn more about our <a href=\"https:\/\/backup.articusfinance.com\/ch\/commercial-development\"><span style=\"color: #008080;\"><u>self-build mortgage<\/u><\/span><\/a> solutions.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span style=\"color: #134f5c; font-family: Verdana, Geneva, sans-serif; font-size: 15px;\"><strong>The client<\/strong><\/span><\/h2>\n<p><span style=\"font-family: verdana, geneva, sans-serif;\">Our client approached us with plans to construct their dream family home. They had already acquired permission to build a large property in a rural area in the countryside.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif;\">The client aimed to secure self-build finance of \u00a3950,000 to fund the construction and purchase of the site. Upon completion, the property\u2019s estimated value was \u00a32.4 million.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif;\">Our client had been disappointed by their previous lender and reached Articus for assistance in regaining control of the situation.\u00a0 Working closely with our client, our broker swiftly identified a solution that offered the necessary flexibility at the most competitive pricing to progress their dream project. <span style=\"color: #008080;\"><a style=\"color: #008080;\" href=\"https:\/\/backup.articusfinance.com\/ch\/contact\"><u>Get in touch today<\/u><\/a><\/span> to find out how our team can help you navigate your financing challenges.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span style=\"color: #134f5c; font-family: Verdana, Geneva, sans-serif; font-size: 15px;\"><strong>Our solution<\/strong><\/span><\/h2>\n<p><span style=\"font-family: verdana, geneva, sans-serif;\">A self-build mortgage has similarities to a traditional mortgage and <a href=\"https:\/\/backup.articusfinance.com\/ch\/development-finance\"><span style=\"color: #008080;\"><u>development finance<\/u><\/span><\/a>. We secured the first tranche of financing for the clients to purchase the land and begin building the property. With the same lender, we were able to finance the whole build and remortgage the final property (worth \u00a32.4m) onto a more traditional residential product.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif;\">Our client was happy with the solution offered, which allowed them to complete their dream home on an <a href=\"https:\/\/backup.articusfinance.com\/ch\/interest-only-mortgages\"><span style=\"color: #008080;\"><u>interest-only basis<\/u><\/span><\/a> while keeping costs low. Using the same lender enabled us to avoid any unnecessary fees or early repayment charges for our client.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif;\">At Articus our top priority is to make sure we thoroughly understand the type of build, level of complexity and the associated costs to ensure our clients receive the most competitive terms and maximum flexibility &#8211; to achieve their goals and create their dream homes.<\/span><\/p>\n<p><span style=\"font-family: verdana, geneva, sans-serif;\"><a href=\"https:\/\/backup.articusfinance.com\/ch\/our-team\"><span style=\"color: #008080;\"><u>Get in touch with us<\/u><\/span><\/a> for an initial consultation.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The case in brief<\/p>\n","protected":false},"author":6,"featured_media":13364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[70],"tags":[],"class_list":["post-13363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies"],"acf":[],"jetpack_featured_media_url":"https:\/\/backup.articusfinance.com\/wp-content\/uploads\/2023\/04\/9.png","_links":{"self":[{"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts\/13363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/comments?post=13363"}],"version-history":[{"count":1,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts\/13363\/revisions"}],"predecessor-version":[{"id":21024,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/posts\/13363\/revisions\/21024"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/media\/13364"}],"wp:attachment":[{"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/media?parent=13363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/categories?post=13363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/backup.articusfinance.com\/ch\/wp-json\/wp\/v2\/tags?post=13363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}