So it's already two houses there so planning permission won't be an issue.mwe have had the planners out already but again as there are already two houses there, albeit derelict, planning won't be an issue. Pretty confident the valuations are solid, got them from two local estate agents last week.
Question for you; given its a self build mortgage and we already own the site, will we still require a deposit for the mortgage. I didn't think this was the case with self build? Plus given the LTV will be around 60%, does this make a difference? Speaking to a broker but so far, the three banks she has spoken to, kbc, aib and ptsb just don't do self build investment mortgage, kbc don't do self build at all and th latter two would look at us for one house but not the investment one. Like I said, we could keep the site as one house, just seems a shame not to do the second as there is already a house there....