Suffolk Building Society has reported “continued growth” for self-build mortgages as housebuilding falls behind targets.

Self-build mortgages grow in popularity as housing supply remains tight

Suffolk Building Society has 60,000 members, over 69,000 savings accounts, and 4,500 mortgage accounts. There are ten branches across Suffolk in Aldeburgh, Felixstowe, Hadleigh, Halesworth, Haverhill, Ipswich (Ravenswood), Ipswich Town Centre, Saxmundham, Sudbury, and Woodbridge. ***For intermediary use only*** Manual underwriting, specialist lending areas: •	Later Life – no max age, investment pots, rental income, uncrystallised pension funds. C&I, Interest Only or part & part. •	Family Assisted & JBSP on BTL or Residential (including Expat!) •	Self Build & renovations – we’ll lend on land, and no need to use a packager. •	Expat – resi, BTL and holiday let. Multiple currencies on one app. •	Holiday Let – 60 days of personal use, up to 80% LTV. 80% of the Society’s members live in the East of England with the remainder living across the UK. Suffolk Building Society was established in 1849. See suffolkbuildingsociety.co.uk Suffolk Building Society is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Registered on the Financial Services Register, Firm Registration Number (FRN) 104875.

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