selfbuilder91 Posted April 18 Share Posted April 18 I am wondering about the order of things when getting a self-build mortgage which will be used to cover the cost of the land as well as the build. From what I've read, these would normally be a part of the same mortgage, but I also gather that you need full cost estimates and drawings etc. for the mortgage application, but I presume you need to have the land before you can get an architect etc. involved to do the cost estimates and drawings etc.. so I am quite confused as to where one would start. In what order do these thing normally happen? Link to comment Share on other sites More sharing options...
nod Posted April 18 Share Posted April 18 It’s a long time since I’ve had a mortgage But most on hear tend to buy the land Then raise a mortgage for the build As you rightly point out Most lenders will want details of your build in order to lend It would be a massive risk for lenders to bankroll the whole project Link to comment Share on other sites More sharing options...
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