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Harpenden BS revamps self-build deal as demand rises

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  • 20/07/2021
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Harpenden BS revamps self-build deal as demand rises
Harpenden Building Society has revamped its self-build mortgage range with reduced rates and flexible features.

 

Rates now start from 3.69 per cent for loans between £75,000 and £999,000. For loans between £1m and £2m, a rate of 4.19 per cent applies.

Flexible construction types are accepted and self-build retention releases are not linked to build stages during the project.

Harpenden said its improved range is in response to an increase in enquiries for self-build mortgages following the pandemic.

Craig Middleton (pictured), Harpenden’s mortgage sales manager, said: “Customers are looking to secure a dream property more than ever following significant time spent working and socialising at home during Covid.

“We’re finding customers increasingly want to bring a highly personalised look to their new or enhanced properties, making a self-build project particularly appealing.

“With savings of between 20 and 40 per cent possible compared to buying a similar property on the open market, a self-build project is even more attractive.”

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