Construction Loan

Building a new home is one way of ensuring your home suits your needs both today and in the future. You are able to choose from a pre-designed house and land package available from building companies or you can look at design your own home to suit your unique taste.

Construction loans are a little bit different to traditional home loans. The loan on your block of land operates in the same way as a standard home loan, however, the loan on the construction of your house is progressively released to your builder as the construction of your home reaches pre-determined stages. The interest you pay will therefore increase incrementally during the construction phase until the house is built.

Our experience in construction loans will ensure that your house will be financed with minimal worries during this period, meaning that you can concentrate on the build of the home and not worry about the figures.

Bluebay Finance can provide finance for construction of your new home both for owner occupation and investment purposes.