New Build Mortgages for Your Dream Home
Secure your brand-new home with a mortgage tailored to new builds, with flexible deposits, competitive rates, and expert guidance every step of the way.
Access Leading Equity Release Lenders
Over 120 specialist lenders, including lifetime mortgage and drawdown providers
Mortgage-Tek works with a wide range of UK lenders specialising in equity release.
Our panel includes lifetime mortgage and drawdown providers, ensuring tailored solutions for your property and financial goals.
Discover the Second Mortgage That Fits Your Needs
Flexible borrowing options tailored to your goals, whether for home improvements, investment, debt consolidation, or business funding.
Residential Second Mortgages
Raise funds for personal use, home improvements, or unexpected expenses while keeping your existing mortgage in place, ensuring stability and flexibility for homeowners with equity in their property.
Debt Consolidation Second Mortgages
Combine multiple unsecured debts into a single manageable repayment secured against your property, simplifying finances, reducing monthly stress, and taking advantage of lower, structured borrowing rates.
Buy-to-Let Second Mortgages
Designed for landlords to unlock capital from rental properties without affecting the primary mortgage, allowing reinvestment, improvements, or portfolio expansion with minimal disruption to existing arrangements.
Business Purpose Second Mortgages
Access additional capital for business investment, expansion, or operational cash flow, leveraging property equity while keeping existing residential mortgages intact and maintaining manageable, predictable repayments.
Understanding New Build Mortgages
Mortgages designed specifically for brand-new homes
A new build mortgage is a loan designed to fund the purchase of a newly constructed property. Lenders often offer incentives such as lower deposits or cashback schemes, and valuations are typically straightforward as the property is new and has no previous owners. These mortgages also consider build completion timelines, helping buyers plan their purchase with confidence.
Find the Right New Build Mortgage for You
Flexible options to suit your budget and timeline
Fixed-Rate New Build Mortgages
Lock in a fixed interest rate for the initial period, providing predictable monthly payments while protecting against potential interest rate increases during your new home purchase.
Help-to-Buy New Build Mortgages
Designed for buyers using government Help-to-Buy schemes, allowing smaller deposits and structured repayment plans to make purchasing a new home more accessible.
Variable-Rate New Build Mortgages
Flexible repayment options where interest rates may change with market conditions, ideal for buyers comfortable with fluctuating monthly payments and potential future savings.
Shared Ownership New Build Mortgages
Allows buyers to purchase a share of a new property while paying rent on the remaining portion, offering lower initial costs and gradual homeownership.
Is a New Build Mortgage Right for You?
Ideal for buyers seeking brand-new homes with tailored mortgage solutions
New build mortgages are perfect for first-time buyers, existing homeowners moving into a newly constructed property, or anyone seeking flexible financing options for a brand-new home.
- First-time buyers purchasing a new home – Take advantage of incentives and manageable deposits.
- Existing homeowners moving into a new build – Smooth transition from your current property with minimal hassle.
- Buyers using Help-to-Buy or government schemes – Access tailored options for reduced deposits.
Investors purchasing newly constructed properties – Structured mortgages support buy-to-let or future resale potential.
What Lenders Will Assess
Core factors for new build mortgage approval
Income and AffordabilityÂ
Lenders assess your income, outgoings, and ability to repay, ensuring monthly payments are manageable alongside any existing financial commitments.
Deposit Requirements
Typical deposits range from 5% to 20%, depending on lender and scheme, with Help-to-Buy options requiring smaller upfront contributions.
Credit History
Lenders prefer a strong credit history, but minor historic issues may be acceptable depending on overall affordability.
Property Eligibility
Only newly constructed properties with developer warranties or completion certificates are eligible for new build mortgage products.
How Much Can I Borrow Calculator
Borrowing based on income, deposit, and lender criteria
The amount you can borrow for a new build depends on your income, deposit size, and the lender’s criteria. Government schemes or developer incentives may also influence borrowing limits. Mortgage-Tek provides personalised assessments to determine the maximum you can borrow safely, helping you plan your purchase with confidence.
Your Estimated Borrowing Amount
Expert Guidance for Your New Home
Helping buyers secure new builds with tailored mortgage solutions
Mortgage-Tek specialises in new build mortgages, providing expert guidance to navigate lender requirements, government schemes, and developer incentives.
Our team ensures your application is smooth, efficient, and structured to maximise approval chances.
Specialist Lender Access
We work with lenders experienced in new build mortgages, including high-street and specialist providers, giving you access to competitive rates and tailored financing options.
Tailored Mortgage Structuring
Each mortgage is structured to your deposit, income, and financial goals, ensuring a solution that meets both lender and buyer requirements effectively.
Government Scheme Expertise
We guide buyers using Help-to-Buy, shared ownership, and other government schemes to ensure maximum benefits and smooth application processes.
Clear Cost Transparency
We explain interest rates, fees, and long-term repayment impacts, allowing you to make fully informed decisions about your new home mortgage.
End-to-End Support
From initial assessment to completion, we manage every step, liaising with developers and lenders to minimise delays and stress.
Regulated and Responsible Advice
All advice complies with FCA regulations, providing ethical, compliant guidance for safe, transparent, and responsible borrowing.
FAQs
What is a new build mortgage?
A loan specifically designed to fund the purchase of a newly constructed property, often including incentives, reduced deposits, and straightforward valuations.
Are new build mortgages more expensive than standard mortgages?
Rates are often comparable to standard mortgages, and developer incentives or schemes may offset costs or reduce deposit requirements.
Can first-time buyers access new build mortgages?
Yes. Many lenders and government schemes are designed to support first-time buyers with lower deposits and tailored repayment structures.
What deposit do I need for a new build mortgage?
Deposits typically range from 5% to 20%, with government schemes or developer incentives often reducing upfront costs.
How long does the process take?
Completion usually aligns with construction timelines, typically 8–12 weeks after reservation, depending on lender and developer requirements.
Can I use Help-to-Buy with a new build mortgage?
Yes. Help-to-Buy and other government schemes are widely compatible with new build mortgages to support lower deposits.
What happens if the property isn’t completed on time?
Lenders may offer bridging or completion extensions; Mortgage-Tek ensures contingency plans are in place to manage delays safely.