Q&A: What paperwork is required when applying for a self-build mortgage?

Presuming you own a site, this is the documentation you need to provide when seeking approval for a self-build mortgage

A lender will want to see full building plans and costings before approving a loan.

Here's what you require to apply for a self-build mortgage, presuming you own a site:

Before your mortgage can be approved, you’ll need to provide your lender with documentation including at least:

• Final grant of planning permission. Check the Citizens Information website, citizensinformation.ie, for more detail on planning permission, including the different types.
• Site map
• Professional indemnity insurance and initial report from your Architect/Engineer/Surveyor
• Building plans and costings
• Initial valuation

If you want a low-interest rate in a Green Mortgage for a self-build or renovation, your provider may be able to facilitate you on the completion of the project and the awarding of the appropriate BER. 

AIB, for instance, states: “You could apply for the AIB Green Mortgage rate once your self-build mortgage loan is fully drawn down and you supply us with a valid BER Cert. A valid Building Energy Rating (BER) Certificate is required to confirm eligibility.”