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    • Initial Rate
      4.89% variable
    • Standard Variable Rate
      4.74% variable
    • The overall cost for comparison is
      5.0% APRC
    • Maximum Loan to Value
      80% including fees
    • Product Fee - may be added to the loan
      £1499
    • Build Loan packaging fee
      £695
    • Build Loan insurance fee
      £1300
    • Early Redemption Charge
      There is a charge of 3% of the capital balance for any full redemption made in the first 2 years

    Fees

    • Society product fee £1499 which may be added to the loan subject to the maximum LTV.
    • Build Loan packaging fee £695 - £95 payable at application stage and £600 after offer is issued. Non-refundable.
    • Build out insurance from Build Loan £1300.
    • Valuation and re-inspection fees are payable as detailed in the separate tariff and will be instructed by the Society.
    • 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% uncapped
    • 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.

    Repayment

    These mortgages are available on an interest only basis during the first 2 years 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 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 first 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.

    Age limits

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

    Loan Size

    Minimum loan size £150,000

    Maximum loan size £500,000

    Minimum Property Value

    Minimum property value is £187,500.

    Mortgage Term

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

    Portability

    This product is not portable.

    Interest

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

    • Initial Rate, a discount of 0.95% from our SVR for 2 years
      3.79% variable
    • Followed by our Standard Variable Rate (SVR) for the rest of the term
      4.74% variable
    • The overall cost for comparison is
      4.8% APRC
    • Maximum Loan to Value
      80% including fees
    • Product Fee - may be added to the loan
      £1499
    • Build Loan packaging fee
      £695
    • Build Loan insurance fee
      £1300
    • Early Redemption Charge
      There is a charge of 3% of the capital balance for any full redemption made in the first 2 years

    Fees

    • Society product fee £1499 which may be added to the loan subject to the maximum LTV.
    • Build Loan packaging fee £695 - £95 payable at application stage and £600 after offer is issued. Non-refundable.
    • Build out insurance from Build Loan £1300.
    • Valuation and re-inspection fees are payable as detailed in the separate tariff and will be instructed by the Society. 
    • 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% uncapped
    • 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.

    Repayment

    These mortgages are available on an interest only basis during the first 2 years 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 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 first 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 £600,000. Please contact us for full details.

    Age limits

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

    Loan Size

    Minimum loan size £150,000

    Maximum loan size £600,000

    Maximum loan size for Custom Build is £500,000

    Minimum Property Value

    Minimum property value is £187,500.

    Mortgage Term

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

    Portability

    This product is not portable.

    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
      4.59% variable
    • Followed by our Standard Variable Rate (SVR) for the rest of the term
      4.74% variable
    • The overall cost for comparison is
      4.9% APRC
    • Maximum Loan to Value
      80% including fees
    • Product Fee - may be added to the loan
      1% of the loan value
    • Build Loan packaging fee
      £695
    • Build Loan insurance fee
      £1300
    • Early Redemption Charge
      There is a charge of 3% of the capital balance for any full redemption made in the first 2 years

    Fees

    • Society product fee is 1% of the loan and which may be added subject to the maximum LTV.
    • Build Loan packaging fee £695 - £95 payable at application stage and £600 after offer is issued. Non-refundable.
    • Build out insurance from Build Loan £1300.
    • Valuation and re-inspection fees are payable as detailed in the separate tariff and will be instructed by the Society. 
    • 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% uncapped
    • 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.

    Repayment

    These mortgages are available on an interest only basis during the first 2 years 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 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 75% 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 first 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 £1,000,000. Please contact us for full details.

    Age limits

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

    Loan Size

    Minimum loan size £600,001

    Maximum loan size £1,000,000

    Minimum Property Value

    Minimum property value is £187,500.

    Mortgage Term

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

    Portability

    This product is not portable.

    Interest

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