Build Houses / Construction Loans

Build Your Home

Designing and building your own home is an exciting journey, and we're here to simplify the finance process:

• Progressive Drawdowns:

  Construction loans are drawn down in stages as your build progresses, helping ensure you only pay interest on the funds you have used.

• Tailored Loan Structures:

  We'll match your loan structure to your building timeline, giving you flexibility and control.

• Expert Guidance:

  From selecting a lender to understanding costs, we'll support you every step of the way.

• Review Your Loan Regularly:

  Optimising your loan terms can improve cash flow and reduce costs.

Key Tips for Building Your Home

• Budget Carefully:

  Include a buffer for unexpected costs to avoid delays.

• Work with Reliable Builders:

  Ensure your contractor has a strong track record and is licensed.

• Understand Consent Requirements:

  Council approvals can affect both timelines and costs.

Build Residential Homes

Building additional homes on your property or developing land can be a great way to maximise your investment and generate rental income. Plaxo Mortgages Ltd is here to help you bring your vision to life.

• Adding Value to Your Property:

  Building a second home at the front or rear of your existing property can increase its overall value while providing rental income or accommodation for family members.

• Dual Home Development:

  Bought a piece of land? Construct two homes — one to live in and one to rent out — to balance lifestyle and financial returns.

• Flexible Loan Structures:

  Our construction loan solutions are designed to fit the specific needs of small-scale developments.

Key Tips for Building Residential Homes

• Leverage Existing Equity:

  Use the equity in your current property or land as part of your deposit.

• Check Council Regulations:

  Ensure your project complies with local zoning and building codes.

• Plan for Rentals:

  Consider features that will make the rental property attractive to tenants.