Self-Build Mortgages
Embarking on a self-build? Let us guide you.
Here to help
Build Your Dream Home With Confidence
We understand that building your own home is more than a financial project – it’s a deeply personal journey. Whether you’re starting with a plot or finalising architectural plans, we’ll help you secure the right mortgage to turn your vision into reality.
What is a Self-Build Mortgage?
A self-build mortgage releases funds in stages as your build progresses—unlike a traditional mortgage which pays out a lump sum.
This helps manage cash flow while giving lenders assurance of how the project is unfolding.
Typical payment stages include:
-
- Site purchase
- Foundation completion
- Wall plate level
- Roof completion
- First fix
- Final completion
Rules For Borrowing
How much can I borrow?
Self-build lending typically follows the same rules as standard mortgages:
- Up to 4x annual income for first-time buyers
- 3.5x annual income for subsequent buyers
- Loan-to-value (LTV) up to 90% based on site value and build cost
- Funds released in drawdowns as construction progresses
Talk to us to assess your borrowing power and ensure your paperwork is in perfect order from the start.
First Time Buyers
4 x annual income
Subsequent Buyers
3.5 x annual income
Max Loan to Value
90% property purchase price
What will my mortgage cost?
Mortgage Calculator
Get an indication of what your monthly repayments could be as well as how much you will pay in interest over the term of your loan.
Tip: Regularly review your mortgage with a qualified advisor and ask about how to reduce the amount of interest you pay in order to save thousands over your mortgage term.
Disclaimer: This calculator is for indicative purposes only. Please always seek professional guidance before making a financial decision.
We’re Here To Help
Why Choose EDUC for Your Self Build?
Expert guidance tailored to your needs
Support through each funding stage
Access to lenders who specialise in self-builds
Help navigating planning permission, costings, and insurance
Fixed-rate legal fees through our panel of conveyancing solicitors
Life and home cover tailored to your construction project
“We take the stress out of self-building, so you can focus on designing the home you’ve always wanted.”
Testimonials
What Our Clients Say
“Cathal and the team's services made the process of purchasing a house as a first time buyer incredibly seamless. They expertly handled all the necessary paperwork, found us the best mortgage, leaving me and my partner with no worries. Their excellent communication ensured that we were well informed and taken care of throughout the entire process”
– V. Carroll
“I have used Educ Mortgages twice in the past 5 years when buying two different properties and I really cannot recommend them enough. I found them always very professional, knowledgeable, quick to respond with a friendly attitude. They made the process of buying a new home much easier for me and my family and I’m so grateful for their amazing service!”
– N. Vojvodic
"We used EDUC mortgages to apply for our self-build mortgage after having difficulty getting approval with our bank. We found them to be professional, knowledgeable and very efficient. If we had any questions they were always only a phone call away. We are halfway through building our house now and delighted that we decided to go with EDUC Mortgages."
– P. Moroney
From the very beginning, Cathal demonstrated a remarkable level of professionalism, knowledge, and dedication to his clients. He patiently explained the intricacies of the mortgage market and the various options available to me. Cathal and his colleague Clodagh promptly responded to my inquiries, kept me updated on the progress, and proactively addressed any potential issues that arose. I always felt informed and supported at every stage of the mortgage application. I would highly recommend EDUC Mortgages to my colleagues and friends.
– C. Hickey
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