paulc313

North is the top left corner of the plan, south is bottom right corner.

Hello, I would appreciate any comments regarding the draft plans I have had drawn up. The plans are at their very first stage and I will likely make changes but would appreciate any thoughts from users here! Thanks Paul Drumnicol new gf.pdf Drumnicol new ff.pdf

When I asked Buildstore they said that's just what the Banks/BS want. They didn't really gave me an explanation, that's why i'm asking the question here. Because my partner and I have office jobs we can work from home from time to time so we could theoretically work in my father/mother in law's house more than 50% of the time which is adjacent to the build...

But our work addresses tell them we work 3 hour drive from the build...

Evening, I have been told by buildstore that to get the self build mortgage I will need to live next to the plot that I am building on. Our current circumstances are that we own a plot of land next to my mother/father in law. They stay roughly 3 hours away from where we stay just now. My father in law will be the one building and project managing the build for us as he does this for a profession. I don't understand buildstore's logic that we have to be living next to it day in day out. Once we get the mortgage we will be looking for jobs in the area they live so will eventually move up and we can stay at theirs practically every weekend if need be (and will be if we get a job while the build takes place). Can someone explain the logic behind the requirement of staying next to the build 24/7 that buildstore want? Thanks Paul

Evening, I currently own my own home with a standard mortgage. In the next 6 months I'll be applying for a self build mortgage. I own the land that we are building on and my father in law is the builder/project manager (He builds houses as a profession). My intention is to use the land as a deposit to get the self build mortgage. I've had this confirmed as being ok to do so by build store, however some mortgage providers don't accept this which I'm ok with. In the background to this however, I am looking to get a buy to let mortgage for a property I have seen as an investment with a friend. This will be my first buy to let mortgage. I've ran some numbers and even with modest to medium interest rate rises I would still be fine with the salary I'm on and my current mortgage. I was just wondering if the buy to let mortgage will effect the self build if they are say 3 months apart? I've asked build store and they said that most banks etc will ignore the buy to let mortgage so I have nothing to worry about in getting the self build as long as the rest of my finances stack up. Is there anyone who has been through the self build mortgage process who has a buy to let mortgages as well? If so can you tell me what your experience was like and how the banks treated the buy to let mortgage? Thanks Paul