How much can I borrow?

There are a couple of factors determining how much you can borrow from a lender to finance a self-build project.

Ultimately the amount you can borrow depends on your lender, but it also depends on what kind of self-build you’re working on.

Commercial projects

The first is whether you need the money for a commercial or a personal project.

If it’s a commercial project, which is going to bring in a return on investment, a lender can sometimes lend you up to 100% of the build cost, on the understanding that you’ll be making a profit on the finished project.

Personal projects

For a personal self-build project, you can borrow up to 95% of the total cost of your project from some specialist lenders.