Construction loans fund new builds; borrowers pay interest only on funds drawn. Two loan types: standalone (pay on completion) and construction-to-permanent (converts to mortgage). Alternatives ...
Interest-only mortgages allow borrowers to pay just the interest on their mortgage for a set period of time. Read on to learn more.
A construction loan provides short-term financing for building a new home or renovating an existing home you’re purchasing. Loan terms are usually 12 to 18 months, during which time you make ...
It's finally happening! After months — maybe even years — of dreaming, planning, and saving for a down payment, it's time to start building your dream home. Before getting started, you'll need to ...
Hanley Economic Building Society has introduced a two-year interest-only self-build variable discount mortgage.
More than four million borrowers could potentially benefit from locking in a lower rate. Here’s what to consider.