Self-building allows developers and builders to design, build and create a new home that can provide lucrative opportunities.
Self-builds don’t just mean you have to be onsite digging foundations and laying bricks all on your own.
There are many self-build routes that you can take that depend on your time, budget and skill set.
Regardless of the route you chose, the self-build process will require some strategic planning and thought to create a successful new build.
Find the right building plot
Tracking down the perfect site to build on can seem like a headache, but it’s not when you know where to look and you’ve completed your essential research.
Set realistic budgets
Make sure to always include a contingency of around 10% of your budget.
This will help you to stay on top of unexpected costs and will help you to overcome obstacles and avoid further delays.
Funding your property project can be difficult, especially if you have limited funds.
There have been countless times that builders have the means and skills necessary to complete the construction of high-quality properties, but have, however, been turned down by high street banks for funding.
Choosing an independent lender, like Hunter Finance can help you get your building project off the ground.
It can also provide you with a substantial return on investment.
Covering up to 60% of the GDV and up to 100% of the building costs.
There are no hidden fees and no delays.
It’s important to know when you want your project to be completed by.
Setting a deadline will help keep you on track and working towards a goal.
Keeping organised and prioritising time management will help you complete your new build quickly and efficiently.