Mortgages for Land Purchase

Our Mortgage Service - helping you make the right decision

"The essence of the Fair Mortgages service is professional independent mortgage and protection advice brought to you by a team of specialist advisers and experienced administration support.

As your mortgage is such an important transaction, good advice is imperative.

Compare Mortgages for Land Purchase

If you want to a mortgage for a piece of land rather than an existing house or other type of building you are likely to need a specialist mortgage deal in order to fund the purchase.

Types of mortgages for land purchase vary, depending on what kind of purpose you intend to use the land for. For example, if you want to purchase land to build a house on, you will need a different type of mortgage from that which you would require to buy farm land.

Self build mortgages for land purchase

If you want to build your own house you may be keen to take advantage of some of the many features of self-building, such as choosing the perfect location, designing the property of your dreams, and adding in unique features such as environmentally friendly design elements. However, getting a self-build mortgage for land purchase can require a bit more forethought than a simple residential mortgage.

This is because unlike a standard mortgage, a self-built mortgage borrower is likely to use the money lent to them to construct the property from scratch, requiring mortgage providers to lend money on a property that currently only exists on paper. Understandably, some lenders can be a little reluctant to do this.

However, if you approach the right mortgage lender, you could find that getting a self build mortgage need not be as difficult as it first appears.