New Build Mortgages
Buying a new build home? We have advisors who specialise in new build mortgages and can guide you through the process, schemes, and lender criteria.
New Build Mortgage Advice
Mortgages for new-build homes work differently from standard purchases. Lenders often apply stricter criteria because of concerns around property values and the speed of sales. This can mean higher deposit requirements, tighter deadlines, and sometimes fewer lenders to choose from.
It is also common for buyers to use government schemes when purchasing new builds. Options include Shared Ownership, First Homes, and, in some cases, Help to Buy (for those who reserved before it closed). Each scheme has its own eligibility rules and impacts how lenders assess your application.
At Online Mortgage Advisor, we have advisors who specialise in new build mortgages. They understand the unique challenges, including short developer deadlines, scheme requirements, and valuation issues, and can guide you to the lenders more likely to approve your application.
Check your affordability
Use our calculator to see how much you could borrow for a new build property.
Read our guides
Browse our new build guides to learn about deposits, developer deadlines, and government schemes.
Compare new build mortgage deals
Use our comparison tool to see lenders currently offering products for new build homes.
Speak to an expert
Get matched with an advisor who specialises in new build mortgages and knows which lenders are most likely to accept your application.
We have advisors who understand the challenges of new build mortgages, from tighter criteria to developer deadlines. Make an enquiry today.
Our Guides
Expert mortgage guidance tailored for new build buyers.
Mortgage Tools & Calculators
Professional tools designed to help you understand your mortgage options, compare rates, and make informed decisions about your financial future.
Frequently Asked Questions
Still have questions about mortgages, rates, or the application process? Our comprehensive FAQ section covers everything from first-time buyer queries to complex remortgage scenarios.
You’ll typically need a larger deposit than if you’re purchasing an older property. This is because lenders aren’t willing to lend as much in case the value of a new build drops in the first few years.
You’ll typically be charged a higher interest rate on a new build mortgage as lenders see them as more risky than standard residential mortgages. But this will depend on your circumstances.
A mortgage advisor will search the market for you and recommend the best deal based on your situation. They do more than compare rates. They understand lender criteria, manage the paperwork, and know how to get complex cases approved.
With expertise in specialist mortgages and strong lender relationships, they save you time, reduce the risk of rejection, and often access deals not available directly.
Online Mortgage Advisor is an FCA-authorised mortgage broker serving customers nationwide. We match you with specialists who excel in situations like yours.
Over 600,000 borrowers have trusted us to help them find the right deal, and we are rated Excellent on Trustpilot.
Your first chat with an advisor is always free and comes with no obligation. If you choose to go ahead, fees vary depending on the complexity of your case, but you will always know the cost upfront. You will never be charged without agreeing to it first.
Customer Success Stories
Find out your best mortgage options today
You’ll have a dedicated team by your side from questions to completion, with clear choices and costs explained upfront. We’ll match you with a mortgage advisor specialising in your unique situation.