sips Industries Financial Services...
Whilst it is important to work with a team of creative individuals when designing your home you also want to be able to call upon the expertise of people with financial know how as a house is a big investment and most people have a budget to keep within.
Building your sips home has never been easier…
Our team will ensure that you are always ‘in the picture’ as to the costing of your home. We will clearly set out the costs for you of each stage of your build from design to on-site construction, so that no unexpected financial headaches will spoil the thrill of building your new home. If you are thinking about building and need advice, just give us a call and
Self Build Mortgages
Funding your sips home has never been easier!
If you dream of building your own sips home and need help funding this, it’s important to get expert mortgage advice early on, to have a clear understanding of your budget and borrowing options. We recommend your first point of call when thinking about your mortgage options should be BuildStore Mortgage Services – the UK’s Self Build mortgage experts. Their specialist mortgage advisers will recommend and tailor a borrowing solution to suit your financial circumstances, build and payment schedule.
Self Build Mortgages
As your Self Build home will be built and paid for in stages, rather than borrowing funds using a traditional mortgage, a Self Build mortgage which releases funds in stages throughout the build rather than a single amount, is more suitable. There are two types of Self Build mortgage. They are defined by how funds are released during the build, where your stage payments are either subject to an increase in the value of works completed or guaranteed based on your costs.
Cost Based Stage Payments
Your build payment schedule can influence your choice of mortgage, and often dictate the need for guaranteed cost based stage payments. Especially if you’ve chosen a sips construction for your new home, as it’s likely that your supplier will need payment in full before the structure is delivered onsite. The BuildStore cost based stage payment mortgage is ideally suited to sips builds, as your stage payments can be released before each build stage and are guaranteed based on your costs, so you’ll have the cash you need to meet your supplier’s payment terms.
The BuildStore Difference
- Specialist knowledge and expertise
- Competitive interest rates
- Exclusive products and lenders
- Interest only during the build
- Guaranteed cost based stage payments available
- Ability to stay in your current home until your new one is complete
- Tailored cashflow to suit your build and payment schedule
For more information and expert advice on how to fund your Self Build click here to enquire or call 0345 223 4888.
Your home may be repossessed if you do not keep up repayments on your mortgage.
BuildStore Mortgage Services Ltd do not charge a fee for Self Build and custom build mortgages. For other mortgage types, a fee of £395 is charged, which is payable on offer. BuildStore Mortgage Services Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority.BuildStore Mortgage Services Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. BuildStore Mortgage Services Limited. Registered Office: 8 Houstoun Interchange Business Park, Livingston, EH54 5DW. Registered in Scotland Number: SC448916
© BuildStore Mortgage Services Ltd. All rights reserved.
Stay informed on the latest sips Industries and Self Building news by signing up to our monthly newsletter:
Get In Touch
For further information or all general enquiries about sips panels and projects, please fill in the enquiry form below:
To download pdf files of our sales brochure and other sips technical specifications documents please click below: