Self Build Funding

Ever thought about building your own dream home? Or developing a property to sell on? Chances are that you will have seen Channel 4’s series Grand Designs.

Grand Designs follows ambitious individuals along their self-build journey from the very start all the way to completion of their dream home.

Windsor Hill Mortgages have aided with development finance for projects similar to those appearing on Grand Designs. Our advisors can help you with getting development finance and bridging loans including self-build mortgages.

For development finance we act as introducers only.

Why is it important to make sure that you get the right financial advice from qualified advisors?

Grand Designs – Lighthouse Project

In 2009, Edward Short and his family appeared on Grand Designs with their ambitious plan to build a white art-deco lighthouse on the side of a cliff in Devon’s seaside village of Croyde. Over a decade on from the start date of the project, the property is still unfinished despite initial plans aiming for the build to be complete within 18 months.

Throughout the build, financial problems delayed the progress of the project again and again, with construction having to completely stop around 3 times due to the funds drying up. The lengthy time that the project took has put many strains on the family and not just financially. The project’s lengthy construction time has also caused problems with members of the wider community with many other residents in the area complaining of the ‘eyesore’ left on the side of the cliff.

Grand Designs revisited the property back in 2019 to catch up with Edward Short and to get an update on how the property had been progressing. However, when presenter Kevin McCloud arrived at the site he was sadden to see that the building remained significantly unfinished and even referred to it as “the bare bones of a house and more like a desolate carcass”.

Despite the project being the dream home that the family had always hoped for, due to the lengthy timescales and financial problems faced with its construction even when the building is finally completed it will have to be sold.

Croyde Bay, Devon

Windsor Hill Mortgages Development Finance

At Windsor Hill Mortgages we have contacts with some of the most reliable lenders and we have a case by case approach so the service is always personalised to you and the project that you have in mind. This means that we can introduce you to the best development finance providers for your project and reduce the risk of setbacks.

How can we help you?

  • Do you own a plot of land and are thinking about getting planning permission?
  • Have you got a plot of land with planning permission and are thinking about building on it?
  • Have you seen an area of land for sale and think it could be a good development opportunity?
  • Do you have a disused or derelict property you would like to rebuild?
  • Do you have a disused or derelict property you would like to save and renovate?

If you have a development finance project in the pipeline and would like to discuss through your options with an experienced advisor visit our contact form or call us on 01225 962 456.

The FCA does not regulate Development Finance and some forms of Bridging Loans.