01 · Key points
What matters for this topic
Capture all project costs
Align construction and payment schedules
Keep a reserve for additional financing needs
Check ground conditions and utility connections
02 · Be prepared
Points you should not underestimate
- Omitting outdoor works
- Overvaluing your own labour
- No construction cost contingency
03 · Documents
Commonly required documents
The documents actually needed depend on the lender, your plans and personal circumstances. The following are often useful for preparation:
04 · Practical example
What an assessment might look like
The house price alone is not the full project cost. Land, fees, utility connections and outdoor works determine the real capital requirement.
This example is illustrative only and is not a mortgage commitment or quotation of terms.05 · Frequently asked questions
Questions about Land and house construction
Can I finance the land first?+
Yes. Consider the later overall financing and potential land charge from the outset.
How much reserve is needed?+
That depends on the contract and project. A suitable buffer matters more than a standard percentage.
Important information
The information on this page is general. It does not replace individual mortgage, legal or tax advice and is not a binding credit commitment. Requirements and terms are assessed individually.