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What's to stop me building my own house
Former Member
Posts: 1,876,323 The Mix Honorary Guru
I'm 22 and am currently renting a basement flat in South west england. I plan to find land with or without planning permission and build my own house. Why shouldn't i do this. What's to stop me apart from money. what else do i lack at 22 that i would have later on in life with which to take on such a big project.
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Comments
I think you underestimate what a huge job you would be taking on.
NB Buying land without planning permission could be a nig stumbling block and you could be left with worthless land.
You should draw up a sensible budget for building a house, including allowances for wastage, and then treble it.
You also have to ensure that you adhere to local building regulations - you will also be required to pay for the time of someone from your local council to come out and verify that these are being met.
Also if the plot does not already have services ie water and electricity you will need to pay for these to be installed which can be very costly.
You may find this link useful
Was worth it though, I think he spent around £300k and increased the property value substantially (it was originally £1m). Mind you, this was in spain where the labour costs are slightly cheaper. He's split his land into three now and is building another two which he plans to sell off.
Good luck
If you get permission, then if I were you, I'd hire a project manager with experience in these things to keep the project on track. He'll know when to bring in the contractors.