A self-build mortgage offers a practical and flexible way to finance building your own home or undertaking major renovations, with funds released in stages as work progresses. Unlike traditional mortgages, this approach ensures you have the cash flow needed at each phase, keeping your project on track throughout. From barn conversions to large-scale extensions, self-build mortgages cater to a variety of property goals. You'll need to provide detailed plans, budgets, and the usual mortgage documentation, while your land’s value can often count towards your deposit. Choose from advance or arrears payment structures depending on your cash-flow needs, and once your build is complete, Gloucester Mortgage Centre will guide you through seamlessly switching to a standard residential mortgage for long-term stability.