New Build Mortgages
Although you don't need a new build mortgage to buy a new build home, these mortgages are specifically designed to help solve some of the problems many new build buyers face.
New build purchases can take time to complete, particularly if you reserve the property in advance. Because of this, many new build buyers with fixed rate mortgages miss out on several months of the fixed rate period.
That's why our new build mortgages have an extended end date, which means you may have up to three months extra on your fixed rate period.
You can choose from applying online¹ (unless stated below), in branch or over the phone, and you can even use our mortgage calculator and get a decision in principle today.
Our New Build definition is a property built in the last 2 years awaiting first occupation.
Warning: THE MORTGAGED PROPERTY (WHICH MAY BE YOUR HOME) MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE