Typical interest rates for self-build mortgages

[thefoxesmaltings]

For those who have recently taken out a self build mortgage, what are the typical interest rates that you're seeing from lenders?

 

I appreciate everyone's circumstance and finances can vary, but I would hope to see some sort of common theme when it comes to the interest rates.

 

Thanks.

[Conor]

Ecology are about 5% at the minute. Variable tho, so no doubt going up again shortly. Should be on their website.

[Water]

Yes I believe you are going to be looking at 4.8%+ and if the BoE rate increases as expected then it will get even more expensive. Also make sure you check out the fees.

 

I think most(/all?) are variable rate

Edited September 20, 2022 by Water

[SBMS]

Around 5%. I think most are discounted off the lenders SVR. Ours is their SVR minus 0.65%.