UK self-builders are enjoying more space for less budget

UK self-builders are enjoying more space for less budget

By Warren Lewis 16th October 2017

Property

UK self-builders are enjoying more space for less budget

Brits who self-build are doubling the size of their homes while paying up to a quarter (27%) less than the price of an existing house or new build, the latest figures show.

The Self & Custom Build Market Report reveals that those who roll up their sleeves and erect their own house enjoy significantly more space and comfort of approximately 247m2 versus England’s average of 94m2.

In addition, the same survey, conducted by Homebuilding & Renovating, reinforces the financial benefits of opting for this route, as the significant savings self-builders can achieve through development gains, lower production costs and an element of positive house price inflation are approximately 25 per cent, with the average finished house value being £717,071.

When examining how self builds compare against the average size of homes in the current market, the North East stands out as having the largest dimensions of 373m2, followed by Northern Ireland. Expectedly, London has the smallest average at just 191m2. Based on their UK location, the size is two or even three times bigger than the current or newly built properties.

According to Jason Orme, spokesperson for The Northern Homebuilding & Renovating Show, “Self-builders are making the most of the market as they know the financial and practical results will be more rewarding than if they were to buy a new house. Building your own home allows you to choose its specifications and customise it for your needs. We can confidently say – self builders appreciate their space.

From original online information: http://www.propertyreporter.co.uk/property/uk-self-builders-are-enjoying-more-space-for-less-budget.html

South Norfolk MP calls for a self-build homes revolution to limit dominance of major housebuilders

Richard-Bacon-MPWhy, when it comes do buying a shirt do we have almost infinite choice, yet when it comes to investing in a new home, we seem to have hardly any? says MP for South Norfolk Richard Bacon

The current new-build housing market, dominated by a few large-volume companies is “intellectually bankrupt”, according to South Norfolk MP Richard Bacon.

The answer? Empowering more people to be able to build their own homes. Continue reading “South Norfolk MP calls for a self-build homes revolution to limit dominance of major housebuilders”

Builders ‘churning out same old boxes’

On 30 March 2014 Grand Designs presenter Kevin McCloud criticises builders who ‘churn out the same old boxes’ when it comes to new housing, as he calls for ‘better, greener and cheaper’ self-builds
Kevin McCloud: ‘Land and house prices are going to go up again. They always do in Britain – we’ve never produced enough housing’
Kevin McCloud said that if builders took more care over architecture and design local people would be more inclined to accept new developments. He said: ‘If a community doesn’t want housing what they really object to is crap housing.’
as reported on 30 March 2014 by Christopher Hope, Senior Political Correspondent at http://www.telegraph.co.uk/earth/greenpolitics/planning/10731464/Builders-churning-out-same-old-boxes-says-Kevin-McCloud.html Continue reading “Builders ‘churning out same old boxes’”

Turn UK into a Nation of Self-Builders says Government Minister

Pickles_webThe Communities and Local Government Secretary  Eric Pickles on 15 October 2013 said he will turn the UK into a “nation of self-builders” by offering subsidies and tax breaks to people who create their own home.

The UK must become like countries including Austria, Belgium and Sweden, which “reward” people who choose to build their own property, Mr Pickles said.

He said that helping tens of thousands of people to build their own homes will stop “homogeneous, pasteurised housing” being built across the country.

People in the countryside will then be much less likely to oppose custom built housing than larger developments and estates, Mr Pickles said. Continue reading “Turn UK into a Nation of Self-Builders says Government Minister”

Action Plan to promote the growth of self build housing – Second progress report

This is the second progress report prepared by the National Self Build Association (NaSBA), as a follow up to the publication of the initial joint Government-Industry report – An Action Plan to promote the growth of self build housing – in July 2011.
The last two years has seen a great deal of activity, and growing signs that all the effort is beginning to bear fruit. There are now dozens of local councils actively bringing forward policies and local initiatives to enable more self and custom build development across the country. We are also seeing considerable enthusiasm from local community groups to progress neighbourhood plans and Community Right to Build projects. Continue reading “Action Plan to promote the growth of self build housing – Second progress report”

Government encourages self-builders

New help for self home builders launched at most famous address in the country (Published 19 April 2012)

A package of new support to give as many people as possible the opportunity to build their own homes was announced today at England’s most famous address by Housing Minister Grant Shapps. It comes as a new report predicts a 141 per cent rise in the mortgages available for those building their own homes over the next three years. Continue reading “Government encourages self-builders”