How can Accelerator make advance stage payments but other self build mortgages do not?
• To enable money to be released in advance and provide a positive cash flow, BuildStore has designed a unique additional cash flow benefit scheme. This provides the additional security required by the lender to not only allow them to release money at the start of each stage of the build but to also allow a higher percentage of the costs to be lent during the project by some lenders. • The scheme ensures that you can borrow the amounts you need for each stage when you need them as the funds will be released as per the cost of your building work and will not be subject to confirmation by a mortgage valuation at every stage*. • The cost of the scheme is met by you through the Additional Cash flow Benefit Fee (or ACB fee) but the savings made by not needing interim valuations at each stage of the build and the benefits of the positive cash flow provided mean that the overall cost of the project can be lower. In addition, with most lenders, because you are not waiting for valuations to be
