Understanding Self-Build Finance Challenges

Navigating the finance landscape for self-building homes presents several challenges, primarily due to a limited number of lenders who specialize in this area. Traditional mortgage products often do not meet the unique needs of self-builders, requiring individuals to seek out specific lenders that often aren't found on high streets. Increased material costs and rising interest rates have further complicated affordability, putting pressure on self-build budgets. Understanding these financial dynamics is crucial for anyone embarking on a self-build project to avoid common pitfalls.