The benefits of new-build properties
Our underwriters respond quickly to mortgage applications on new-builds, so you shouldn’t have to wait more than 48-hours to get an initial underwrite assessment. The offer period on mortgage applications for new-builds can be extended from nine to 12 months, subject to meeting our lending criteria.
But that’s not all. According to government data, new builds tend to have better energy efficiency ratings than older properties, which usually means lower running costs for you and the property will have a lower carbon footprint. So helping people buy these types of properties also supports our target to become a greener Society.