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Mortgages? Why not build your own home?
Self Build Mortgages Once you have found your land the next thing that you need is a flexible self build mortgage. There are now mortgages on the market that cater for self building. These mortgages allow you to borrow up to 95% of the land and the build costs. This type of mortgage releases money at the start of each stage of the build so therefore allows good cashflow during the build. So if you are building with a timber frame, the accelerator mortgage releases funds when you need to pay for the timber frame.
Exploring property news and prices in London. Inhabit Online looks at helping Londoners get on the property Ladder
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