Self Build Mortgages - Do I need a builder or architect to oversee the work?

Posted on 18 September 2012 by will

Self Build Mortgages - Do I need a builder or architect to oversee the work?

I already have a plot of land (its been in the family for 60 years) and would like to self build on it. Can I borrow money based on the cost of the house AND the value of the land?? Also, can I get a mortgage without needing to employ a builder or architect to oversee the works?


You certainly can borrow against the value of the land, but you will need to have detailed planning permission granted before any money will be released to you.  Once you have this, then you can draw down stage payments during the construction so long as you have Buildings Regulations approval in place and proof the build has reached an appropriate stage.  This is done by an Interim Certificate being issued and this certification has to be provided by one of the following:

Certification from either an NHBC Solo Inspector.

Certification from another suitable structural warranty inspector.

Certification by a suitably qualified building professional who carries appropriate insurance cover.

This could be:

- Architect

- Architectural Technologist

- Structural Engineer

- NHBC registered builder

All supervising professionals must have Professional Indemnity cover of at least £250,000 in place and it is recommended that you confirm their suitability with the lender before you start work.

I believe we can help you and that you would benefit from speaking to one of our independent mortgage advisers.  Please call 0344 346 3672 and tell the consultant the date and title of your question, they will then be able to find the right building mortgage for your project.


Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.

We recommend you seek professional advice with regard to any of these topics where appropriate.

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