Harmony

We’re thinking through various options to fund our self build next year…. Just wondering what others have done and what would you do differently re funding - self build mortgage, bridging loan, remortgage??? Our circumstances are…. A plot we own outright with a property on which will be demolished Current home has a mortgage of £40k with 10yrs left Current home value of approx £250k Savings £50k Current home will be sold to ‘pay’ for the self build Budget for self build £250-300k Time scale for self build completion 3-5mths Not wanting to rent as mortgage payments are low Not wanting to live on site as we live close to the plot.