Self Build Mortgage Ireland
SYS Your Self Build Mortgage Broker
How is a self-build residential mortgage different from a standard mortgage? SYS Mortgage Advisor keeps it simple.
From Mortgage Application to Mortgage Approval.
3.45%
Faster Response - Higher Success Rate
Whether you have a site with full planning permission or are just beginning to save for your deposit – SYS guides the process with strategic planning, when applying for a self-build mortgage in Ireland
From Blueprint to Reality:
SYS Your Self-Build Mortgage Provider
Self-Build Mortgage Application Checklist:
Self-Build Documentation
- Cost of Construction Form completed by Architect/Engineer/Surveyor
- Planning Permission Confirmation
- House Plans, Specifications, and Site Maps
Suggested Blogs on Self Build in Ireland
Customised Financing: SYS, Your Self-Build Mortgage Partner
Loan Restrictions
- As a First-Time Buyer, borrow up to 4 times your Gross Income or 3.5 times gross for Non-First-Time Buyers
- The maximum borrowing will depend on the cost of construction
* Remember, these are maximums. The lower amount applies.
Property Value Calculation for Self-Build
The property value is generally the lower of:
- The sum of the site purchase cost and build costs
- The final valuation upon completion
Mortgage Distribution
Funds Released at Build Phases:
- Foundation Stage
- Wall Plate
- Roof, Windows, and Door Fittings
- First/Second Fix
- Completion
Valuations
Three valuations typically occur:
- Before starting or at the foundation stage
- When the house is sealed
- Upon completion
We can help!
Looking for assistance on self build mortgage using land as deposit, planning permission or something specific?
Stay Updated with Latest Mortgage Insights
Our talented team of expert advisors consistently monitors the market to provide you with the best mortgage advice in Ireland