Build your own dream home in Shropshire
Published March 10th, 2015
Building your own home may sound like the stuff of dreams but for some people self building is an affordable way to get the property they need for their family.
Self building enables you to design an individual home incorporating the latest eco friendly technology and with the recent relaxing of planning rules more sites are becoming available for small residential projects.
“The government is keen to encourage self building and has geared recent legislation and taxation in favour of smaller development sites suitable for single properties,” said chartered surveyor Charlotte Rogerson of Berrys in Shropshire.
“We have a number of self build sites on our books at the moment and we can advise potential self builders what to look out for when buying a plot.
“The first thing is not to be afraid of self building. You don’t have to do it yourself, brick by brick, as there are plenty of specialists to do that, but you do need to do things in the right order to get the finished product you want,” she said.
These steps include:
1 Choose your location and select the best possible site with planning permission and know how much you should be paying (according to the current property market). Check for covenants that may prevent development.
2 There is an Affordable Housing Commitment in Shropshire – consider how much will this add to your costs
3 Community Infrastructure Levy (CIL): self builders are exempt but you have to apply for the self build exemption
4 Have detailed designs professionally drawn to suit your needs and budget.
5 Finance: Self build mortgages are available that will release payments funds in stages. Shop around for the best deal. You will have to provide all the planning permission and design details.
As well as potentially saving you money and enabling you to live where you want to live, self building allows you to design a property to meet your family and lifestyle requirement for now and the future.
Other advantages of self building include:
1 High quality building materials can be used
2 The latest eco technology for energy efficiency can be incorporated to benefit from government green energy grants.
3 You can protect against negative equity – the value of the property will be more than the cost of the plot
4 Stamp Duty is paid only on the value of the plot
5 No Capital Gains Tax liability on selling the property if it has been your main home
“There has been an upsurge in the number of building plots coming to the market so now could be the ideal time to realise the dream of building your own home,” she said.
For more information contact Charlotte Rogerson at Berrys on 01743 290642 or email firstname.lastname@example.org.