BuildLoan say that the Right To Build initiative is likely to drive an increase in enquiries for self-build loan products.

Raymond Connor, BuildLoan CEO, said: “The bulk of enquiries will come from sites with multiple plots – custom build sites. These sites will generate business opportunities which will require a spread of lenders and specialist products to meet the specific needs of self and custom builders.”

The company have been taking roadshows to lenders such as Darlington Building Society, Virgin Money, Affirmative, Amicus and Precise Mortgages to help them feel more at home with self-build loan products.

Story here and BuildLoan website here