The Community Infrastructure Levy (CIL) was brought into effect by the Planning Act of 2008 and since then has had a detrimental and prohibitively expensive effect on self builders, as the levy on all new homes was raised by a standard charge per m2 of new development.
The demolition of a family’s ‘dream’ home has started after bungling builders built the property 6ft higher, 9ft longer and 4ft wider than the original plans stated, therefore breaching planning regulations.
The new half- million - pound dream house had been built with too many windows, an unapproved 13ft balcony and an unapproved third floor.
Would you like to live in Britain’s biggest and most expensive new built property? Well, if you have a spare £22 million, you can!
After 18 months of work on the property, the newly built mansion, situated on the exclusive ‘Billionaire’s Row’ in North London is now complete!
For most people considering building their dream home, getting their finances in order is an important and tough starting point, and we’re sure you’re not alone. Here are a few ways that may help you out.
Use your own savings - Savings can be used to finance the self build, and sometimes relatives or friends can also support your finance with their own savings by arranging an informal loan.
Successful self building requires a mixture of many different qualities, but are you ready for the challenge that lies ahead? Below are three great tips to consider when designing your dream home.
Design - Get together some great self build design ideas from magazines and websites to kick start your project design, which can then be presented to your designer.
Budget can make or break a project; the more accurate your estimations and calculations, the more likely you’ll build your dream home without any crippling over spends. There are many factors to keep in mind when designing your dream home, the first factor being to ensure you have a contingency plan which will act as a cushion for unforeseen costs.