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Self-Build Mortgage nightmare!


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Slight clickbait because this doesn't apply to us, fortunately, but we're hearing about lots of self-builders who are having their mortgage drawdowns stopped due to the pandemic.

 

Imagine that you're part way into your build, you go to the bank for your next chunk of money and they say no. Terrifying.

 

Anyone here affected by that?

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Yes. Us. Nightmare doesn’t quite cover it. Move the goalposts as you go. In a good way at least we haven’t even bought the site yet! Ecology have got many many good reviews from people, and sure they’re good, but so far it’s been far from straightforward. 

Edited by ZacP
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2 minutes ago, ZacP said:

Yes. Us. Nightmare doesn’t quite cover it. Move the goalposts as you go. In a good way at least we haven’t even bought the site yet! Ecology have got many many good reviews from people, and sure they’re good, but so far it’s been far from straightforward. 

 

So sorry to hear this, I never contemplated the possibility of it. Good luck with your project!

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