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All You Wanted to Know About Self Build Homes
by
Derek Both
Self-build refers to the procedure of creating an individual home of your own starting from scratch, i.e., right from buying a vacant plot of land up to the fully finished house. Self-building does not, however, imply that you mix concrete and lay bricks, etc., yourself. It means that you hire various professionals (e.g. architect, civil/structural engineer, building contractor, labor, electrical contractor, plumbing contractor, etc.) to get your home built under your supervision and in accordance with your requirements.
Self-building your home is the best way to have a home that is custom-built to suit the unique requirements of your family and a home that reflects your vision of a dream house.
Self-building your home offers many benefits over buying a ready-made home. These include:
- A self-build home suits your space and lifestyle requirements perfectly.
- A self-build home allows you home ownership at the basic cost price, saving you about 30% of the cost compared to buying a finished home due to (i) the VAT savings made on materials and (ii) saving on profit margin a builder/developer would have taken for building your house.
- Self-building your home leaves you with a very satisfying feeling of achievement.
Getting Started
It is not a very easy task to execute a self-build home project. Its successful completion requires careful and accurate financial planning and good management skills all throughout the project (which may take several months) in order to ensure constant and timely progress and restrict the expenses to within your budget. Here are a few things you would need to consider before embarking on a self-build home project:
- Locating a suitable plot of land.
- Planning your financial budget.
- Organizing the finances.
- Making your home design plan.
- Obtaining permission for your home plan.
- Obtaining building regulations approval.
- Finding a building contractor, subcontractors (electrical, plumbing, etc.) and material suppliers.
- Selecting the flooring.
- Selecting electrical/hardware fittings and fixtures, etc.
Finding Land
Locating and buying a plot of land is the first step to realizing your dream of having a self-build home. It can eat up some 35% of your total budget. Buying a plot with planning permission can be quite expensive, but is required if you want to start your self-build home project immediately. The Internet can provide a wealth of information on plots for sale. Otherwise, a land agent can also be of great help, but obviously you have to be prepared to part with a hefty commission.
Designing Your House
Carefully prepare a draft of your space requirements before you meet the architect and brief him/her. Go through the home plans available on the Internet to get new ideas in order to reach a perfect plan. If you want to try your own hand at designing, use a 3D Architect software package.
Finance
Accurate financial planning is the most important step in seeing your self-build home project completed successfully. The bare cost of construction comes to roughly a small charge per square foot for a very basic home. Other costs like the professional fees, survey fees, insurance fees, legal fees, land agent commission, etc., are additional. Once a reasonable figure is arrived at, you need to consider the sources of revenue. In addition to using your savings, you can take finance from a mortgage or a high street lender.
Insurance
In a self-build home project it is advisable to get an insurance cover to protect you and your subcontractors/labour against unforeseen risks or accidents, e,g. theft of materials, injuries to workers, fire, storm, flood, damage to neighbours property, etc.
If you pay attention to all these factors, you can realize your dream of being the proud owner of a self-build home.
Author Resource:- At http://www.potton.co.uk/ you can find out more about Self Build homes.
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When presented with an opportunity or a challenge, many people will sayI will try or I will have a go at it. and you can tell that they have no enthusiasm for succeeding. They approach the situation with a sense of apprehension and
a minimum of enthusiasm, they usually
really are not prepared to put their heart and soul into it.
When this is the case, there is a greater chance of failure than of success.
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... the degree of success that a person achieves is in direct proportion to the amount of enthusiasm and effort they put into the task. The lack of commitment will automatically doom them to fail and create within them a fear of failure which, in turn, leads to inaction.
From the start, a positive attitude is needed. They should be saying and thinking I will do it, and I can do it. The intent to be successful is transforming, and the womb of all Success. Even Failure is a Success in Failing.
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A pole vaulter, being interviewed after he had just done his best vault of the meet, was asked : How Did you achieve such a high vault ?, His answer was, I threw my Heart over the bar First.
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In the Broadway musical Damn Yankees, the coach is giving a pep talk to players before the game. As he tries to motivate them, he sings the song "You've gotta have heart - all you really need is heart."
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