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Self-build boost from the Saffron

by Kevin Rose
16 July 2012
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self build plans

The Saffron Building Society has lent £40 million for self-build projects since the beginning of the year.

The East of England based mutual says this figure makes up 14% of its total new lending.

This follows the recent announcement by housing minister Grant Shapps, that a £30 million Government fund is to be made available to the house building community.

Shapps wants the self-build sector to double in size, the Saffron said.

“We have backed the self-build community for some time now,” said Jon Hall, CEO of Saffron Building Society.

“At a time when property prices are out of reach for many, self-build gives our customers another option of getting on the housing ladder.

“We support the government’s initiative to increase funding to this sector, and hope that with this and a joint effort from lenders, the self-building community can thrive.”

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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

No Result
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  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMOs
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • DISTRIBUTION
  • G.I.
  • LATER LIFE
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Pensions
    • Retirement borrowing
  • LOANS
  • PROTECTION
    • Critical illness
    • Income protection
    • Group protection
    • Life cover
    • PMI

© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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