At present we do not have any sweat equity mortgage products. We will update our website if and when these products become available.
What is a Sweat Equity mortgage?
A Sweat Equity mortgage allows the borrowers to reduce the amount they need to borrow on their mortgage by completing their own works on a new build property. Examples of work include completing the internal fittings of the property such as bathrooms or kitchens. We believe Ipswich Building Society is the first lender to provide this kind of mortgage. We offer this mortgage in conjunction with Housing Associations and for specific developments.
Please note that our mortgage products are generally only available to direct applicants in England and Wales and via intermediaries based in, Suffolk, Norfolk, Essex, Cambridgeshire, Bedfordshire and Hertfordshire. Please check the individual product details for the availability.
From time to time we may offer exclusive products through our brokers. Please contact us for further details.
If you would like information on the criteria for arranging a mortgage with Ipswich Building Society, please click here