Self-build mortgages explained

Find out what self-build mortgages are, how they work, how they’re different to regular mortgages and how to get one in 2023.

In this article we cover:

  • What is a self-build mortgage and how it differs from a regular mortgage
  • How much you can borrow for a mortgage in Ireland in 2023
  • What stage your project needs to be at to qualify for a self-build mortgage
  • How much of a deposit you need and whether land can be put up as a deposit
  • How expensive are self-build mortgages?
  • Do all lenders offer self-build mortgages?
  • What documents you need to apply
  • How the stage payments work with self-build mortgages
  • What the disadvantages are

Mark Coan

Written by Mark Coan

Financial expert and founder of online finance guide moneysherpa.ie

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