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Mortgage for Building contract

Sponsorgate · 2017-06-23 09:54:40

Hi All I am currently in the process of tendering with builders to build on a green field site I got from my parents. The quotes I'm getting are a bit higher that I budgeted for. Question I have is will bank agree to give mortgage for a builders finish? No kitchen etc included in the mortgage. I'm guessing the answer is no…

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23-06-2017 10:54am

#1

Sponsorgate

Registered Users Posts: 250 ✭✭

Join Date: May 2016

Posts: 216

Hi All

I am currently in the process of tendering with builders to build on a green field site I got from my parents.

The quotes I'm getting are a bit higher that I budgeted for. Question I have is will bank agree to give mortgage for a builders finish? No kitchen etc included in the mortgage. I'm guessing the answer is no they won't. Is there anyway around it other than wait til i have more money!

Any advice appreciated
Sponsorgate

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