New build mortgages - Clever Mortgages

New build mortgage

Applying for a mortgage on a new build property is similar to any other mortgage but has timing challenges.

Clever Mortgages is now part of Oak Mortgages Limited.

Don’t worry, you’ll still be looked after by the same friendly, experienced team you know and trust. We’re here to guide you every step of the way on your mortgage journey.

👉 Discover more about us at www.oakmortgages.co.uk or see what our happy clients are saying on Google Reviews.

      EXCELLENT  
   Based on 82 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   G S 
 
 
 
 Trustindex verifies that the original source of the review is Google. From the very first contact through (what was a complex and hugely frustrating conveyancing process), to the day of completion, Oak Mortgages were the shining light that got us through. Sarah and her team were brilliant. They were responsive, caring, empathetic, knowledgeable, professional, and human at each and every stage. We are so grateful that we used Sarah and Oak Mortgages and highly recommend them to anyone wanting to guarantee that authentic, trustworthy approach from professionals who care. A top class act - 5 ⭐️⭐️⭐️⭐️⭐️
  
 
      Posted on Google  
   
   DOBO and the Foodies 
 
 
 
 Trustindex verifies that the original source of the review is Google. Awesome service, helped me at every step on a journey I never thought at 50 I could make! Sarah is amazing available whenever I needed her highly recommend
  
 
      Posted on Google  
   
   Caoimhe Clarke 
 
 
 
 Trustindex verifies that the original source of the review is Google. Thank you to Abby and the admin team at Oak Mortgages who have been fantastic in helping me secure a remortgage on my property. From my first phone call to Abby I was filled with confidence and the experience with the team was brilliant, especially when other companies involved were not so brilliant the Oak Mortgage team pulled out all the stops to make sure completion happened. I would highly recommend this company and will use their services in the future. Thank you again.
  
 
      Posted on Google  
   
   Lisa Zuccotti 
 
 
 
 Trustindex verifies that the original source of the review is Google. Excellent company to deal with , very efficient and caring ensured all our needs where met . Highly recommended.
  
 
      Posted on Google  
   
   Reece Baird 
 
 
 
 Trustindex verifies that the original source of the review is Google. claire.geraghty Amazing lady, helped me all the way to the finish line! Highly recommend!
  
 
      Posted on Google  
   
   graham draper 
 
 
 
 Trustindex verifies that the original source of the review is Google. Excellent service and advice throughout the whole process making for a very straightforward experience with special thanks to Abby and Ashleigh.
  
 
      Posted on Google  
   
   Ant 
 
 
 
 Trustindex verifies that the original source of the review is Google. Alex at Oak Mortgages has been an absolute life-saver. After being let down by a previous mortgage advisor who wanted me to take a massive risk with no guarantees, I contacted Oak Mortgages and was put in touch with Alex. Not only did he find me a mortgage with the exact same lender without having to take that risk, but he also got me accepted! His knowledge is top-notch, his communication is brilliant—he always picked up the phone and replied to emails super fast with regular updates. As a first-time buyer, Alex was hands-down the best part of the entire buying process. I am now happily settled in my new home, and I have Alex to thank for it. I will 100% be using Oak Mortgages again in the future (and hopefully Alex!). Thank you so much!
  
 
      Posted on Google  
   
   Alannah McNaughton 
 
 
 
 Trustindex verifies that the original source of the review is Google. Abby Malcolm was fantastic. Work quickly to find me a great rate and explained everything I needed to know. Highly recommend her :)
  
 
      Posted on Google  
   
   DanielaDany Zavaliche 
 
 
 
 Trustindex verifies that the original source of the review is Google. They are a very good and friendly team. I am very proud of them. Well done!
  
 
  
  
 
     Verified by Trustindex  Trustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more

We can help you buy a new build property or purchase a home off-plan

It can be more difficult to take out a new build mortgage, but we work with a range of lenders who could offer you a mortgage of up to 95% on a new home.

Mortgage application process

4 simple steps for applying for a mortgage. See more about the mortgage application process here

Whatever your mortgage goal, there will be something for you

We're on a mission to save you money on your remortgage

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1000s of product and access to exclusive products.
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We liaise with all parties on your behalf
Helping you even where others have said no.
Excellent Reviews

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Applying for a new build mortgage

Taking out a mortgage on a new build property should be very similar to taking out any other mortgage. However, there are some key things to consider when taking out a mortgage on a brand new house, especially if it’s still in the development stages.

Timing is the most likely challenge that you will face when looking to take out a mortgage on a new build. This is because mortgage offers tend to only be valid for up to six months. This can be an issue if the house you want to buy hasn’t been built yet. Some mortgage lenders might consider extending their offer but this is usually subject to reassessing your application.

Below are some of the lenders we work with

Clever Mortgages is now part of Oak Mortgages Limited.

Don’t worry, you’ll still be looked after by the same friendly, experienced team you know and trust. We’re here to guide you every step of the way on your mortgage journey.

👉 Discover more about us at www.oakmortgages.co.uk or see what our happy clients are saying on Google Reviews.

      EXCELLENT  
   Based on 82 reviews 
    
 
 
 
   
 
 
       Posted on Google  
   
   G S 
 
 
 
 Trustindex verifies that the original source of the review is Google. From the very first contact through (what was a complex and hugely frustrating conveyancing process), to the day of completion, Oak Mortgages were the shining light that got us through. Sarah and her team were brilliant. They were responsive, caring, empathetic, knowledgeable, professional, and human at each and every stage. We are so grateful that we used Sarah and Oak Mortgages and highly recommend them to anyone wanting to guarantee that authentic, trustworthy approach from professionals who care. A top class act - 5 ⭐️⭐️⭐️⭐️⭐️
  
 
      Posted on Google  
   
   DOBO and the Foodies 
 
 
 
 Trustindex verifies that the original source of the review is Google. Awesome service, helped me at every step on a journey I never thought at 50 I could make! Sarah is amazing available whenever I needed her highly recommend
  
 
      Posted on Google  
   
   Caoimhe Clarke 
 
 
 
 Trustindex verifies that the original source of the review is Google. Thank you to Abby and the admin team at Oak Mortgages who have been fantastic in helping me secure a remortgage on my property. From my first phone call to Abby I was filled with confidence and the experience with the team was brilliant, especially when other companies involved were not so brilliant the Oak Mortgage team pulled out all the stops to make sure completion happened. I would highly recommend this company and will use their services in the future. Thank you again.
  
 
      Posted on Google  
   
   Lisa Zuccotti 
 
 
 
 Trustindex verifies that the original source of the review is Google. Excellent company to deal with , very efficient and caring ensured all our needs where met . Highly recommended.
  
 
      Posted on Google  
   
   Reece Baird 
 
 
 
 Trustindex verifies that the original source of the review is Google. claire.geraghty Amazing lady, helped me all the way to the finish line! Highly recommend!
  
 
      Posted on Google  
   
   graham draper 
 
 
 
 Trustindex verifies that the original source of the review is Google. Excellent service and advice throughout the whole process making for a very straightforward experience with special thanks to Abby and Ashleigh.
  
 
      Posted on Google  
   
   Ant 
 
 
 
 Trustindex verifies that the original source of the review is Google. Alex at Oak Mortgages has been an absolute life-saver. After being let down by a previous mortgage advisor who wanted me to take a massive risk with no guarantees, I contacted Oak Mortgages and was put in touch with Alex. Not only did he find me a mortgage with the exact same lender without having to take that risk, but he also got me accepted! His knowledge is top-notch, his communication is brilliant—he always picked up the phone and replied to emails super fast with regular updates. As a first-time buyer, Alex was hands-down the best part of the entire buying process. I am now happily settled in my new home, and I have Alex to thank for it. I will 100% be using Oak Mortgages again in the future (and hopefully Alex!). Thank you so much!
  
 
      Posted on Google  
   
   Alannah McNaughton 
 
 
 
 Trustindex verifies that the original source of the review is Google. Abby Malcolm was fantastic. Work quickly to find me a great rate and explained everything I needed to know. Highly recommend her :)
  
 
      Posted on Google  
   
   DanielaDany Zavaliche 
 
 
 
 Trustindex verifies that the original source of the review is Google. They are a very good and friendly team. I am very proud of them. Well done!
  
 
  
  
 
     Verified by Trustindex  Trustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more

Case Study

Helping one first-time buyer buy a new-build apartment

One customer wanted to buy his first home, which was a new build property, but was struggling as he had bad credit.

With Clever Mortgages he was able to:

Buy his brand-new apartment via the Help-to-Buy Scheme
Take out a mortgage over 35 years with a high street lender
Secure an initial 5 year fixed rate of 1.99%

	Balance	Payment	Rate	Term
New mortgage	£382,500	£1266.32	1.99%	35 years

Our customer wanted to get on the property ladder but was struggling to find a mortgage as he had previously missed payments towards his unsecured debts and had defaults showing on his credit file. We initially secured a mortgage agreement with a specialist lender, but by the time his offer on the property was accepted his credit score had significantly improved.

As a result, we secured a mortgage with a high street lender, which offered him an even better rate and the security of a 5 year fixed rate. The customer was very grateful for this and now enjoying living in his dream new-build home.

0330 232 0285

0330 232 0285

0330 232 0285