BuildLoan

BuildLoan

BuildLoan provides intermediaries with exclusive mortgage solutions designed specifically for clients who are building their own home, or converting/renovating an existing property, to live in or let out.

Using BuildLoan, you can confidently solve many of the common issues faced by your self build clients, while also enjoying a level of support not available elsewhere, from the UK’s most experienced self build mortgage advisers.

Proc Fees

Product Gross Net
Fee Min Max Fee Min Max
Bath Building Society, Penrith Building Society, The Tipton & Coseley Building Society, Virgin Money, Furness Building Society, Hanley Economic Building Society, Stafford Railway Building Society, Darlington Building Society, Chorley Building Society, Dudley Building Society, Mansfield Building Society, Newcastle Building Society, Loughborough Building Society 0.40% 0.35%
The Nottingham 0.50% £500 £2,500 0.45% £500 £2,500
Buckinghamshire Building Society £1500 £1500
Product Type When does the lender pay PMS? Frequency
All Pay approx two weeks after the lender pays fee to them. Weekly.

Lenders send payments by BACS which can take anything up to 5 working days to clear at PMS. PMS then make payment to brokers once the funds have cleared in our account.  


Key Features

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    Higher lending percentages – up to 95% on land/property with outline planning and up to 95% on build costs

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    Unique advance stage payments or traditional arrears stage payments


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    Interest only available during the build to further improve cashflow


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    Competitive rates and a choice of lenders


Overview

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Register to place business with BuildLoan:

*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.

Register

Specialist Homebuilding Finance – Expert Advice and Exclusive Solutions for Mortgage Intermediaries

When it comes to finding a mortgage for your homebuilding clients, few lenders are experienced in this sector. It's a specialist sector and many lenders are channelling their business exclusively through BuildLoan because they recognise that this type of client requires additional specialist help on all sorts of issues such as planning, costings and cashflow projections.

BuildLoan is the UK’s construction finance experts, offering a level of knowledge and expertise not available elsewhere. They're also uniquely positioned to offer all of the additional support your clients may require.

Their process is designed to help you operate efficiently in this market and their unique products provide a safety net for everyone involved, ensuring the project gets done without any fear of running out of cash.

BuildLoan's game changing cost based mortgages offer guaranteed stage payments based on your client’s build costs. Depending on your client’s payment schedule, payments will be made either before or after each stage of works, irrespective of lender valuations. This gives your client complete certainty in their budget, and peace of mind knowing they’ll have the cash they need, when it’s needed.

As a mortgage broker, the last thing you want your homebuilding customers to do is to run out of cash along the way. With a cost based mortgage, your clients are protected, and so are you.

Make sure your recommendation is the best advice, giving your clients the solutions they need with BuildLoan.

 

 

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