Everyone wants to build their own dream house but only a few are able to do it. Many British families have decided that it is better to build their own house from scratch. It has been found that nearly 7% of all homes in the UK are self built and this figure is even higher in places like Northern Ireland.
The first step in this process is to find the right piece of land. You can access a database of around 6,000 plots and renovation projects by paying a fee of £100. This service is provided by Buildstore’s Plotsearch. The next step would involve the hiring of an architect or getting a kit house. A kit house would cost around £125,000 before construction costs, to this add £15,000 in architects’ fees if you intend to add a personal touch.
The next step is to get planning permission. Most of the mortgage lenders require this before offering you money. The fourth step would involve dealing with mortgage lenders. You can borrow form 65 - 95% of the total cost of the property. The release of payment in self build homes is phases, to cover the different stages of construction.
Guess, building your own house has a lot many difficulties but to get your house done your way would compensate for that.
