Recognising the difficulties associated with obtaining a mortgage on a self or custom build home, the Scottish Government has created the Highland Self Build Loan Fund, with Highlands Small Communities Housing Trust acting as the agent.
If you match the below points – You could be suitable for the Highland Self Build Loan Fund.
– Is your plot of land within the Highland Council Area?
– Do you already own the land you intend to build on?
– Are your build costs £175,000 or less? (If you wish to discuss what qualifies as build costs, please get in touch)
– Will you be able to grant Scottish Government First Ranking Security over the building site? (Please note if you already have a mortgage on your land, this may be unlikely)