New build mortgage

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.

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.

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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%
New mortgage£382,500£1266.321.99%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.

No obligation advice on new build mortgages

Quickly see if you could be accepted for a mortgage before you apply

Could you get a mortgage?

Have you ever wondered how much you could borrow?

Complete our quick and simple form to get an overview of how much you could potentially borrow and estimated monthly payments.*

How much could you borrow?

Ever wondered borrow?How much can you Find out nowHouse £0£100£1,100£10,000£50,000£100,000£125,000House £125,000£0£0£5,000£10,000£30,000IncomeMortgage £105,000Deposit£0£20,000£10,000£5,000You could borrow between£105,000 £135,000to

Wondering how much you could potentially borrow and how much a mortgage might cost you?*

Use our free interactive mortgage form to tell you.

Our mortgage advisors will then speak to you in more detail for a free, no obligation mortgage quote.

6 Great reasons to choose Clever Mortgages

Specialists in bad credit

Every member of our team is trained in bad credit situations and know how to find the right solutions for customers – helping them get the mortgage that’ll get them back on track.

Over 100 lenders

The number and quality of lenders we work with means we have access to a diverse spectrum of best-rate deals. The lenders we use means we have all areas covered – even for those in particularly niche circumstances.

Experts in bad credit

We have helped 1000’s of people with bad credit. All our advisors are trained on securing mortgages for clients with bad credit. In short, we know this market.

Access To Exclusive Rates

We have access to every adverse friendly lender, we can often secure you exclusive rates you can’t find on the high street.

First class support

We know that sorting out a remortgage can be stressful – but our experienced team of experts will have any questions you have along the way, and will always be proactive when it comes to keeping you in the loop with your application progress.

Excellent Reviews

We’re proud of our long-standing 5 Star Rating on Trustpilot, and love all the positive feedback we get from customers every day. We feel privileged to help people get a great deal with far less stress.

Why use a mortgage broker?

Most of our customers have had some form of credit difficulties, from low credit score, missed payments or declined a mortgage elsewhere.

About Clever Mortgages

We specialise in assessing an individual’s situation, and finding the right mortgage solution for them. We can help:

  • With remortgages, buy-to-let, and first-time buyers mortgages. We have experts who cover these areas
  • Even if you’ve got bad credit – we help people every day with a variety of credit histories to find the right mortgage
  • With applications, as we’ll take the hassle away. We require your details once and we’ll know the best lenders for your circumstance
  • Our team know the lenders that are most likely to say ‘yes’, and give you the best rates

What should I do next?

  • You enquire online with us today or request a call back
    Our simple form takes a couple of minutes to fill in, this gets the ball rolling
  • One of our experts will give you a call to find out more about your situation
    We have experts in remortgaging, who focus solely on helping customers save money
  • We do all the hard work for you
    We search the market for the trusted lender that’s right for you
  • Our expert will get back in touch
    We can guide you every step of the way, and we’ll always keep you up-to-date with progress
Meet the team

Beth Palmer

Ensuring clients files are managed accurately and giving excellent customer services is at the forefront of Beth day to day role.

Call us on: 0800 197 0504

Below are some of the lenders we work with