Case Study

Custom Build – Timber Frame Construction

Key Facts:

• Planning agreed for a 345 SQM build using a timber frame.

• Site value £125,000

• Loan required : £300,000

• Gross development value: £500,000

• The client was recommended to speak us by hugr homes who are running the custom build site the client is buying on.

• The client needed indictive terms before reserving a plot on the site with only out line permission in place. They also needed a formal offer self build mortgage offer before they sold their current main residence

Solution 

We use are strategic relationship with lenders in these scenario’s to assess cases based on the outline permission and verbal information only, to gain the agreement in principle. The full application is submitted once we have detail plans of the clients project.