Help for self-builders!
Just launched, a new incentive to help encourage self-builders in the UK.
- New £150 million ‘Help to Build’ scheme to make it easier and more affordable for people to build their own home
- New homes can be made to order or built from scratch, and will benefit small building firms as part of the government’s Plan for Jobs
- £2.1 million additional funding to help communities decide where they want new homes, shops and offices to be built and what they should look like
Help to Build is a £150 million incentive scheme just launched by the government to help encourage self-build homes.
Similar to the Help to Buy scheme, the new Help to Build scheme lowers the deposit required by self-builders and will provide an equity loan on the finished property.
It’s anticipated that self-built homes could number 30 – 40,000 properties per year.
“Building your own home shouldn’t be the preserve of a small number of people, but a mainstream, realistic and affordable option for people across the country. That’s why we are making it easier and more affordable – backed by over £150 million new funding from the government.”
Self-builders have the chance to lead the way with the electrification and decarbonisation of heating. Specifying and installing infrared heating with smart controls and smart electric water heating ticks a lot of the right boxes.
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