Why choose AIB (NI) Self-Build Mortgage?

‘Interest Only’ Option

Our ‘interest only’ option is available for your construction period up to 24 months from the initial drawdown.

No Application or Booking Fees

With a AIB (NI) self-build mortgage, you won’t have an application fee or booking fee.

Stage Drawdowns

You can draw down your mortgage in up to 4 stages, depending on the size and complexity of the build.

Lending Available

AIB (NI) gives you two options when you are embarking on your Self-Build project. Find out how much you can borrow with our mortgage calculator Affordability Calculator or give us a call on 0345 600 5925.

Option 1:

You can avail of a mortgage up to 50% of the site cost/value (whichever is lowest) and
75% of the build cost
Example: Site Cost/Value £100,000, Build Cost £200,000
Potential mortgage = £200K

Option 2:

You own the site, and can therefore borrow 100% of the build cost.
Example: Site Cost/Value £100,000, Build Cost £200,000
Potential mortgage = £200K