First steps

When submitting a mortgage application, you will be required to provide:

  • Outline planning permission, and plans for the project
  • Copies of architectural drawings
  • A full breakdown of the work to be undertaken and details of who will carry it out (you, yourself, or a contracted builder?)
  • A detailed budget of incomings and outgoings, with project costs and cashflow projections
  • An NHBC certificate or equivalent approved warranty** is required.

As with any mortgage application, our mortgage advisors will need to see certain supporting documentation, such as copies of pay slips and bank statements. On application, we will tell you exactly what we need. Every application is subject to the applicant satisfying our requirements and being able to afford the monthly mortgage payments.

Funding terms to suit your needs

At Woodberry Homes, in addition to your mortgage agreement, we offer our own help-to-build scheme bridging the gap between your mortgage and initial deposit. This means you may be able to borrow up to 100% of your project costs.

Funds released in line with building warranty inspections

Most build projects can be broken down into 6 key stages:

  • Purchasing the land
  • Initial project costs and foundations
  • Building erected and closed-up
  • First fix and plastering
  • Second fix through to completion