Banks and building societies have restricted lending to the new-build sector in recent years and when they do lend, there are concerns around timescales that don’t exist with other mortgages. Most developers require a 28-day exchange and mortgage offers are generally valid for six months, which doesn’t always fit with the ups and downs of construction.
Efficiency is important, but not at the expense of getting the right deal. First Financial is a market leader in securing mortgages for new-build properties, and we never settle for second best. We have the experience and knowledge to explore and source the best rates within more limited timescales.