Due to record levels of mortgage applications the Society has temporarily withdrawn all mortgage products to allow us to maintain our service levels.
We will relaunch mortgage products as soon as the backlog of applications have been processed.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Ipswich Building Society - Winner of Best Regional Building Society - What Mortgage Awards 2010
Self Build applications are accepted on a full status basis.
- The property/build must be supervised by a qualified person
- There must be Detailed Planning Permission and Building Regulations in place
- The Property must be completed within 12 months of the initial advance
- The total advance (at any time) will not exceed 75% of the current value of the land or property under construction
- Maximum advances must also be in accordance with product chosen (ie; some products are maximum LTV 75%)
- Stage Release fees – the Society will charge up to £100 for each stage payment made
- This fee includes the cost of the Valuer calling to re-inspect the property and the CHAPS fee
For additional information on our mortgage packages and lending criteria, click here.
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