- Key issue:
- Lender options
- Case study:
- Self Build
- Date:
- 2006-01-11
- Mortgage amount:
- 100% facility/Land transfer price
Outcome
Land value and Purchase price may impact mortgage facility levels
Detail
Clients require 100% finance. They are buying a site and building an eco friendly timber framed home. The home will be build by a company called Scandinavian Homes http://www.scanhome.ie/ Arranged 100% finance based on the fact that they have been offered the site for 60k and its true valuation is 120k.
