Timber Frame Construction is the fastest growing construction method in Ireland; now sharing approx. 50% of the build market!
Considering the Government are pushing for more timber frame homes; getting a mortgage on a timber frame in Ireland certainly won’t prove any more difficult to obtain than it would for a standard masonry home.
Here’s what Zurich & Halifax had to say..
“𝘐𝘯𝘴𝘶𝘳𝘢𝘯𝘤𝘦 𝘤𝘰𝘮𝘱𝘢𝘯𝘪𝘦𝘴 𝘥𝘳𝘢𝘸 𝘯𝘰 𝘥𝘪𝘴𝘵𝘪𝘯𝘤𝘵𝘪𝘰𝘯 𝘣𝘦𝘵𝘸𝘦𝘦𝘯 𝘵𝘪𝘮𝘣𝘦𝘳 𝘧𝘳𝘢𝘮𝘦 𝘢𝘯𝘥 𝘣𝘳𝘪𝘤𝘬 𝘰𝘳 𝘣𝘭𝘰𝘤𝘬 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘤𝘵𝘪𝘰𝘯.”
-Steve Birt (Zurich)
“𝘛𝘪𝘮𝘣𝘦𝘳 𝘧𝘳𝘢𝘮𝘦 𝘩𝘰𝘶𝘴𝘪𝘯𝘨 𝘪𝘴 𝘦𝘲𝘶𝘢𝘭𝘭𝘺 𝘢𝘴 𝘨𝘰𝘰𝘥 (𝘪𝘧 𝘯𝘰𝘵 𝘣𝘦𝘵𝘵𝘦𝘳) 𝘵𝘩𝘢𝘯 𝘩𝘰𝘶𝘴𝘪𝘯𝘨 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘤𝘵𝘦𝘥 𝘧𝘳𝘰𝘮 𝘣𝘳𝘪𝘤𝘬 𝘰𝘳 𝘣𝘭𝘰𝘤𝘬. 𝘞𝘦 𝘮𝘢𝘬𝘦 𝘯𝘰 𝘥𝘪𝘧𝘧𝘦𝘳𝘦𝘯𝘵𝘪𝘢𝘵𝘪𝘰𝘯 𝘰𝘯 𝘵𝘩𝘦 𝘭𝘦𝘯𝘥𝘪𝘯𝘨 𝘵𝘦𝘳𝘮𝘴 𝘰𝘧𝘧𝘦𝘳𝘦𝘥 𝘰𝘯 𝘦𝘪𝘵𝘩𝘦𝘳 𝘧𝘰𝘳𝘮 𝘰𝘧 𝘤𝘰𝘯𝘴𝘵𝘳𝘶𝘤𝘵𝘪𝘰𝘯.”
-Patrick Sawdon (Halifax)
A Universally Accepted Build Method
The Irish timber frame market is growing steadily, as self-builders, their architects and contractors begin to realise the many benefits in terms of speed and energy efficiency.
New timber-framed homes can be brought to market at a much faster rate than is possible with traditional block homes, meaning lenders are being repaid faster and the construction industry is meeting housing demands – combating the Irish housing crisis.
For Self-Builders, once land is purchased, the two biggest cost factors are time & labour. The speed and energy efficiency offered by timber frame construction just can’t be ignored!
What Kind Of Mortgage Will I Need To Build A Timber Frame House?
Many self-build mortgages are ‘stage release’, meaning that finance is released at key, pre-agreed stages of the project. These stages vary between mortgage lenders, so have an open conversation with your lender. Typically, your mortgage lender will ask for full project costs with estimates and 20% contingency before discussing funding.
If you have planning approved drawings and are in need of a quotation for your timber frame; we would be happy to help!
Timber frame construction is faster and less weather dependent than other home building methods; making it an attractive prospect for most lenders.
With a clear quotation from Timber Frame Ireland; outlining a fixed cost breakdown at each stage, it’s easy to draw up a realistic schedule to meet your mortgage lender’s requirements.
What happens once the timber frame is erected?
Once the Timber Frame Structure is erected, your external leaf can start on the outside walls, this could be timber cladding, brick, natural stone, render. At the same time the inside first fix electrics and plumber can start within the service battens factory fitted to our closed panel timber frame.
Essentially, with timber frame, it’s much quicker (and cheaper!) to get to the next stage in your Self Build project than with a block build, meaning that your lender will be able to release funds faster.
Will building with block still be energy efficient or is timber frame better?
Standard masonry/block built houses can be efficient too; but at a cost. One of the reasons Ireland is seeing an increase in timber frame home building is because of their natural sustainability and energy efficiency benefits.
Thick, quality insulation can be packed within the closed panel system; choosing between 4 different u-value packages – all within the passive standard range.
Timber Frame Ireland currently offer the best u-value of any closed panel timber frame system on the Irish market.