Help! I'm am looking some Mortgage advice. My home is worth ã130000 I owe ã53000 on the mortgage.
I have the opportunity to buy a building plot and build my dream home (well a budget form of it anyway) the land costs ã35000 and it should cost roughly another ã110000 to build it. I have ã50000 savings.
My existing mortgage company do not provide mortgages for new builds. Anyone know how i can go about getting it sorted?
Read more:
How to build a new home but already have an existing mortgage?