
Whether you are a property developer, wish to demolish and rebuild or simply build on part of your garden, we can provide a mortgage that is right for you. If it is a brand new development, a mortgage of up to 50% of the value of the land can be considered at the outset.
Our aim is to meet your needs for the number/timing of the stage releases and we can lend up to 65% of the value of the property. We will lend on a wide variety of properties including new houses, flats or barn conversions. In some cases this will include the demolition of an existing house to build a new property or refurbishing and upgrading the current property.
The Key features of this mortgage are detailed opposite. In addition to this, copies of our Tailored Mortgages and Mortgage Information leaflets are available as a PDF download.
For further details and to discuss your individual requirements please contact our Mortgage Department on 01582 463 133 or email mortgages@harpendenbs.co.uk.
| Terms |
| Minimum loan: | £50,000 |
| Maximum loan: | £1 million |
| Value of property: | Not less than £200,000 |
| Max Loan to Value: |
65% of the property value |
| Current variable rate: |
From 5.19% * |
| Overall cost for comparison: |
6.7% APR * |
| Portable: | Yes |
| Ages: | Min 18 - no maximum |
| Income capacity: | Based on affordability |
| Property location: | England and Wales |
| Repayment methods: | Repayment, interest-only, part & part |
| Administration Fee: | £25 |
| Arrangement Fee: | Refer |
| Valuation Fee: | Refer |
| Legal Fee: | Refer |
| Deeds Release fee: | £50 |
| Redemption fee: | £75 |
| Available for new purchase: | Yes |
| Available for remortgage: | Yes |
| Early repayment charge: | None |
*The actual rate payable will depend upon your individual circumstances, please ask for a personalised illustration.
This mortgage will not be regulated by the Financial Services Authority (FSA). Follow this link for information regarding Mortgage Regulation.
Building insurance cover is required and can be arranged by the Society.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
The Society is authorised and regulated by the Financial Services Authority.

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