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    • Initial Rate, a discount of 0.25% from our SVR for 2 years
      4.99% variable
    • Followed by our Standard Variable Rate (SVR) for the rest of the term
      5.24% variable
    • The overall cost for comparison is
      5.4% APRC
    • Maximum LTV
      80% including fees
    • Product fee - may be added to the loan.
      £999
    • Build Loan packaging fee
      £600
    • Build Loan insurance fee
      £1,300
    • Early Repayment Charge
      Charges will apply to any lump sum or full redemption paid over 10% of the capital balance
      3.00% for 2 years

    Fees

    • Society product fee £999 which may be added to the loan subject to the maximum LTV.
    • Build Loan packaging fee £600 payable on acceptance of offer. Non-refundable.
    • Build out insurance from Buildloan £1300.
    • Valuation and re-inspection fees are payable as detailed in the separate tariff and will be instructed by the Society.
    • A re-inspection is required at each stage release.
    • Solicitors and licensed conveyancers fees are not based on a set scale and solicitors must be approved by Buckinghamshire Building Society. 
    • Proc fees are 0.8% up to a maximum of £4,000.
    • Other charges may be made in respect of mortgage services. See our Fees Guide for details.

    Acceptable Credit Criteria

    This product accepts our standard credit criteria click here for details

    Early Repayment Charge (ERC)

    There is a charge of 3% of the capital balance for any full redemption made in the first 2 years.

    Overpayments

    Overpayments are not permitted.

    Affordability

    The amount we lend will be based on our assessment of affordability. Income multiple cap is 4.5 x first income plus 3.5 x second income or 4 x joint income.

    Repayment

    These mortgages are available on an interest only basis during the 2 year discount period of the build, changing to capital repayment for the remainder of the term. Payments must be made monthly by direct debit.

    Stage Payments

    Stage payments are made in advance based on the valuer's estimate of the value once the next stage is completed for the following stages:

    Stage 1 – Land with full planning permissions (max 80% Loan to cost)
    Stage 2 – Foundations to damp proof level (max 80% Loan to cost)
    Stage 3 – Wall plate level (max 80% Loan to cost)
    Stage 4 – Roof on and watertight (max 80% Loan to cost)
    Stage 5 – Plastered out second fix (max 80% Loan to cost)
    Stage 6 – Fully completed (max 80% LTV)

    Build Timescales

    The build must start within 6 months of the offer.
    The build must complete within 24 months of the first stage release.

    Maximum LTV

    Maximum LTV on the release of funds at completion not exceeding 80% up to £500,000. Please contact us for full details.

    Proof of Income

    • Employed applicants must have 3 months with current employer.
    • Last 3 months bank statements.
    • Completed Budget Planner.
    • Last P60 and 3 months payslips for all employed applicants. Last 2 years accounts or SA302s for all self-employed applicants.
    • Certified photographic proof of identity.

    We will also carry out electronic verification to prove the applicant’s identity, but we may also ask for further evidence of identity. This can include the applicant’s latest mortgage statement, certified proof of residency or other loan or card statements.

    References may be taken up and credit searches will be made. Cases may be declined due to previous adverse credit or information that is not disclosed on the application form.

    Age limits

    Minimum age 25. There is no maximum age limit. Cases are considered on individual circumstances.

    Loan Size

    Minimum loan size £100,000

    Maximum loan size £500,000

    Minimum Property Value

    Minimum property value is £120,000.

    Mortgage Term

    The maximum mortgage term is 40 years dependent on individual circumstances.

    Insurance

    Build out insurance must be in place by the date of first release. A recognised 10 year warranty, additional security fee and site insurance including third party liability must be taken out during the course of construction.

    Following completion of the build, we recommend that you have buildings insurance on the property. You are not required to buy any insurance through Buckinghamshire Building Society.

    Portability

    This product is not portable.

    Property Type

    We will lend for the following types of building:

    • Properties of traditional construction (generally brick / stone walls and slate / tile roof)
    • Timber framed properties subject to the exterior being clad in brick / block. Wholly timber framed properties may be acceptable in certain circumstances.
    • We may lend against steel framed houses dependent on individual circumstances.

    Interest

    Interest is calculated daily on the balance outstanding and added to the account the following month.

    • Initial Rate, a discount of 0.40% from our SVR for 2 years
      4.84% variable
    • Followed by our Standard Variable Rate (SVR) for the rest of the term
      5.24% variable
    • The overall cost for comparison is
      5.4% APRC
    • Maximum LTV
      85% including fees.
    • Application fee - payable upfront and non-refundable
      £350
    • Product fee - may be added to the loan.
      £999
    • Build Loan packaging fee
      £600
    • Build Loan insurance fee
      £1,300
    • Early Repayment Charge
      Charges will apply to any lump sum or full redemption paid over 10% of the capital balance
      3.00% for 2 years

    Fees

    • Application fee £350. This is payable upfront and is non-refundable.
    • Society product fee £999 which may be added to the loan subject to the maximum LTV.
    • Build Loan product fee £600 payable on acceptance of offer. Non-refundable.
    • Build out insurance from Buildloan £1,300.
    • Build Loan application fee £95.
    • Valuation and re-inspection fees are payable as detailed in the separate tariff and will be instructed by the Society.
    • A re-inspection is required at each stage release.
    • Solicitors and licensed conveyancers fees are not based on a set scale and solicitors must be approved by Buckinghamshire Building Society
    • Proc fees are 0.8% up to a maximum of £4,000.
    • Other charges may be made in respect of mortgage services. See our Fees Guide for details.

    Acceptable Credit Criteria

    This product accepts our standard credit criteria click here for details

    Early Repayment Charge (ERC)

    There is a charge of 3% of the capital balance for any full redemption made in the first 2 years.

    Overpayments

    Overpayments are not permitted.

    Affordability

    The amount we lend will be based on our assessment of affordability. Income multiple cap is 4.5 x first income plus 3.5 x second income or 4 x joint income.

    Repayment

    These mortgages are available on an interest only basis during the 2 year discount period of the build, changing to capital repayment for the remainder of the term. Payments must be made monthly by direct debit.

    Stage Payments

    Advances are made in arrears at the following stages:
    Stage 1 – purchase of land
    Stage 2 – preliminary costs and foundations
    Stage 3 – wall plate level
    Stage 4 – wind and watertight
    Stage 5 – first fix and plastering
    Stage 6 – fully completed

    Build Timescales

    The build must start within 6 months of the offer.
    The build must complete within 24 months of the first stage release.

    Maximum LTV

    Maximum LTV on the release of funds at completion not exceeding 85% up to £500,000 and 80% up to £750,000. Please contact us for full details.

    Proof of Income

    • Employed applicants must have 3 months with current employer.
    • Last 3 months bank statements.
    • Completed Budget Planner.
    • Last P60 and 3 months payslips for all employed applicants. Last 2 years accounts or SA302s for all self-employed applicants.
    • Certified photographic proof of identity.

    We will also carry out electronic verification to prove the applicant’s identity, but we may also ask for further evidence of identity. This can include the applicant’s latest mortgage statement, certified proof of residency or other loan or card statements.

    References may be taken up and credit searches will be made. Cases may be declined due to previous adverse credit or information that is not disclosed on the application form.

    Age limits

    Minimum age 25. There is no maximum age limit. Cases are considered on individual circumstances.

    Loan Size

    Minimum loan size £100,000

    Maximum loan size £750,000

    Minimum Property Value

    Minimum property value is £100,000.

    Mortgage Term

    The maximum mortgage term is 40 years dependent on individual circumstances.

    Insurance

    Build out insurance must be in place by the date of first release. A recognised 10 year warranty, additional security fee and site insurance including third party liability must be taken out during the course of construction.

    Following completion of the build, we recommend that you have buildings insurance on the property. You are not required to buy any insurance through Buckinghamshire Building Society.

    Portability

    This product is not portable.

    Property Type

    We will lend for the following types of building:

    • Properties of traditional construction (generally brick / stone walls and slate / tile roof)
    • Timber framed properties subject to the exterior being clad in brick / block. Wholly timber framed properties may be acceptable in certain circumstances.
    • We may lend against steel framed houses dependent on individual circumstances.

    Interest

    Interest is calculated daily on the balance outstanding and added to the account the following month.

    • Initial Rate, a discount of 0.40% from our SVR for 2 years
      4.84% variable
    • Followed by our Standard Variable Rate (SVR) for the rest of the term
      5.24% variable
    • The overall cost for comparison is
      5.4% APRC
    • Maximum LTV
      95% including fees.
    • Application fee - payable upfront and non-refundable
      £350
    • Product fee - may be added to the loan.
      £999
    • Build Loan packaging fee
      £600
    • Build Loan insurance fee
      £1,300
    • Early Repayment Charge
      Charges will apply to any lump sum or full redemption paid over 10% of the capital balance
      3.00% for 2 years

    Fees

    • Application fee £350. This is payable upfront and is non-refundable.
    • Product fee £999. This may be added to the loan subject to the maximum LTV.
    • Buildloan’s fee is £1,900 including build out insurance.
    • Build Loan application fee £95.
    • Valuation fees are payable on a set scale as detailed in the separate Fees Guide.
    • Solicitors fees are not based on a set scale and solicitors must be approved by Buckinghamshire Building Society.
    • Proc fees are 0.8% up to a maximum of £4,000.

    Other charges may be made in respect of mortgage services. See our Fees Guide for details.

    Acceptable Credit Criteria

    This product accepts our standard credit criteria click here for details

    Early Repayment Charge (ERC)

    There is a charge of 3% of the capital balance for any full redemption made in the first 2 years.

    Overpayments

    Overpayments are not permitted.

    Affordability

    The amount we lend will be based on our assessment of affordability. Income multiple cap is 4.5 x first income plus 3.5 x second income or 4 x the joint income.

    Repayment

    These mortgages are available on a capital and interest repayment basis or interest only with a suitable repayment vehicle. Payments must be made monthly by direct debit.

    Stage Payments

    Advances are made in arrears at the following stages:

    Stage 1 – Land with full planning permissions (max 85% LTV)

    Stage 2 – Fully completed (max 95% LTV based on the lower of contracted purchase price or valuation)

    Build Timescales

    The build must start within 6 months of the offer.

    The build must complete within 24 months of the first stage release.

    Proof of Income

    • Employed applicants must have 3 months is with the current employer
    • Last 3 months bank statements.
    • Completed Budget Planner.
    • Last P60 and 3 months payslips for all employed applicants. Last 2 years accounts or SA302s for all self-employed applicants.
    • Certified photographic proof of identity.

    We will carry out electronic verification to prove the applicant’s identity, but we may also ask for documentary evidence of identity. This can include the applicant’s latest mortgage statement, certified proof of residency or other loan or card statements.
    References may be taken up and credit searches will be made. Cases may be declined due to previous adverse credit or information that is not disclosed on the application form.

    Age Limits

    The minimum age is 25 for all applicants. There is no maximum age but applicants must not be retired during the mortgage term. Cases are considered on individual circumstances.

    Loan Size

    Minimum loan size £100,000.
    Maximum loan size £500,000.

    Mortgage Term

    The maximum mortgage term is 40 years dependent on individual circumstances.

    Insurance

    Build out insurance must be in place by the date of first release. A recognised 10 year warranty, additional security fee and site insurance including third party liability must be taken out during the course of construction.

    Following completion of the build, we recommend that you have buildings insurance on the property. You are not required to buy any insurance through Buckinghamshire Building Society.

    Build out insurance must be in place at the first release stage.

    Portability

    This product is not portable.

    Property type

    Properties of traditional construction (generally brick / stone walls and slate / tile roof).

    Timber framed properties subject to the exterior being clad in brick/block. Wholly timber framed properties may be acceptable in certain circumstances. 

    We may lend against steel framed houses dependent on individual circumstances.

    Interest

    Interest is calculated daily on the balance outstanding and added to the account the following month.

    • Initial Rate, a discount of 0.15% from our SVR for 2 years
      5.09% variable
    • Followed by our Standard Variable Rate (SVR) for the rest of the term
      5.24% variable
    • The overall cost for comparison is
      5.4% APRC
    • Maximum LTV
      80% (up to 85% Loan to Cost for stage payments)
    • Product fee - may be added to the loan.
      £999
    • Build Loan packaging fee
      £600
    • Build Loan insurance fee
      £1,300
    • Early Repayment Charge
      Charges will apply to any lump sum or full redemption paid over 10% of the capital balance
      3.00% for 2 years

    Fees

    • Society product fee £999 which may be added to the loan subject to the maximum LTV.
    • Build Loan packaging fee £600 payable on acceptance of offer. Non-refundable.
    • Build out insurance from Buildloan £1300.
    • Valuation and re-inspection fees are payable as detailed in the separate tariff and will be instructed by the Society.
    • A re-inspection is required at each stage release.
    • Solicitors and licensed conveyancers fees are not based on a set scale and solicitors must be approved by Buckinghamshire Building Society.
    • Proc fees are 0.8% up to a maximum of £4,000.
    • Other charges may be made in respect of mortgage services. See our Fees Guide for details.

    Acceptable Credit Criteria

    This product accepts our standard credit criteria click here for details

    Early Repayment Charge (ERC)

    There is a charge of 3% of the capital balance for any full redemption made in the first 2 years.

    Overpayments

    Overpayments are not permitted.

    Affordability

    The amount we lend will be based on our assessment of affordability. Income multiple cap is 4.5 x first income plus 3.5 x second income or 4 x joint income.

    Repayment

    These mortgages are available on an interest only basis during the 2 year discount period of the build, changing to capital repayment for the remainder of the term. Payments must be made monthly by direct debit.

    Stage Payments

    Stage payments are made in advance based on the valuer's estimate of the value once the next stage is completed for the following stages:

    Stage 1 – Land with full planning permissions (max 80% Loan to cost)
    Stage 2 – Foundations to damp proof level (max 85% Loan to cost)
    Stage 3 – Wall plate level (max 85% Loan to cost)
    Stage 4 – Roof on and watertight ( max 85% Loan to cost)
    Stage 5 – Plastered out second fix ( max 85% Loan to cost)
    Stage 6 – Fully completed ( max 80% LTV)

    Build Timescales

    The build must start within 6 months of the offer.
    The build must complete within 24 months of the first stage release.

    Maximum LTV

    Maximum LTV on the release of funds at completion not exceeding 80% up to £500,000. Please contact us for full details.

    Proof of Income

    • Employed applicants must have 3 months with current employer.
    • Last 3 months bank statements.
    • Completed Budget Planner.
    • Last P60 and 3 months payslips for all employed applicants. Last 2 years accounts or SA302s for all self-employed applicants.
    • Certified photographic proof of identity.

    We will also carry out electronic verification to prove the applicant’s identity, but we may also ask for further evidence of identity. This can include the applicant’s latest mortgage statement, certified proof of residency or other loan or card statements.

    References may be taken up and credit searches will be made. Cases may be declined due to previous adverse credit or information that is not disclosed on the application form.

    Age limits

    Minimum age 25. There is no maximum age limit. Cases are considered on individual circumstances.

    Loan Size

    Minimum loan size £100,000

    Maximum loan size £500,000

    Minimum Property Value

    Minimum property value is £120,000.

    Mortgage Term

    The maximum mortgage term is 40 years dependent on individual circumstances.

    Insurance

    Build out insurance must be in place by the date of first release. A recognised 10 year warranty, additional security fee and site insurance including third party liability must be taken out during the course of construction.

    Following completion of the build, we recommend that you have buildings insurance on the property. You are not required to buy any insurance through Buckinghamshire Building Society.

    Portability

    This product is not portable.

    Property Type

    We will lend for the following types of building:

    • Properties of traditional construction (generally brick / stone walls and slate / tile roof)
    • Timber framed properties subject to the exterior being clad in brick / block. Wholly timber framed properties may be acceptable in certain circumstances.
    • We may lend against steel framed houses dependent on individual circumstances.

    Interest

    Interest is calculated daily on the balance outstanding and added to the account the following month.