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New Build Mortgages
Modern living with energy-efficient features and strong growth potential
Why Choose a New Build?
New build properties offer a unique opportunity for homebuyers. Whether you’re a first-time buyer looking for a modern, low-maintenance home or an investor seeking strong growth potential, new builds are an excellent choice. We specialise in helping clients navigate the new build mortgage process, from initial enquiries right through to completion.
Our team has extensive experience working with developers and lenders to ensure smooth transactions. We understand the unique aspects of new build mortgages and will guide you through every step.
Benefits of New Build Properties
Modern living
Contemporary designs with energy-efficient features
Growth potential
New-build properties often hold strong long-term value
Lower maintenance
Warranties included and fewer ongoing upkeep costs
NHBC protection
Structural warranties to help protect your investment
Our New Build Process
Find your property
Explore new-build developments to find a home that suits your needs
Mortgage agreement
We secure a mortgage in principle for your new-build purchase
Developer coordination
We liaise with developers and manage the process smoothly from start to finish
Completion
We’ll guide you through the process until you receive the keys to your new home
What You Need to Know
Deposits: New-build deposits typically range from 5–20%, depending on the developer and the construction stage
Completion date: Lenders usually release mortgage funds shortly before completion
Government schemes: Some new-build properties may be eligible for government-backed schemes, such as the Lifetime ISA (LISA), or other incentives
Warranties: Most new-build homes include a 10-year NHBC structural warranty for added peace of mind
New Build Mortgage FAQs
Can I get a mortgage for a new-build property?
Yes. Many lenders offer mortgages for new-build properties, though the criteria may differ from those for standard residential mortgages.
Do I need a larger deposit for a new build?
Deposit requirements vary by lender. Some new-build purchases may be eligible for higher loan-to-value options, depending on the property and your circumstances.
How long does it take to get a new-build mortgage?
Timescales vary. Mortgage applications usually take several weeks, and completion may take longer if the property is still under construction.
What is an NHBC warranty?
An NHBC (National House-Building Council) warranty provides structural protection for new-build homes, typically covering the first 10 years after completion.
Can I use schemes for new-build purchases?
Some new-build purchases may be eligible for affordable housing schemes or developer incentives. Availability depends on location, property type, and lender criteria.
Ready to Find Your New Build Home?
Let our expert advisers guide you through the new build mortgage process