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News

Council completes purchase of Graven Hill self build site

Cherwell District Council takes ownership of land earmarked for UK's first large-scale self build community

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Call for thousands of new self build homes across London

Recommendation for urban pilot project of 100 sites for self builders to construct new homes on

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Bidding opens for £200million to deliver custom build homes on brownfield sites

Councils encouraged to partner with developers and apply for funding to build thousands of new homes

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Another stream of self and custom build schemes set to be realised

More self and custom build homes possible as new projects move forward and council surveys gauge interest

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Applications open to new national fund for urban Community Land Trusts

Twenty 'demonstration' grants of up £10,000 available to emerging Trusts in urban areas

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Case Studies

Bickleigh Eco Village, Devon

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Stoke-on-Trent Serviced Building Plots

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Harvest House

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Forevergreen House

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Liverpool Habitat for Humanity

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Sülzer Freunde, Cologne

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Berlin - 'Building Groups'

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Manor Farm, Kirton

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Straw-baling, Perthshire

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Low-cost Irish House

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Community Eco-homes, Devon

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Lancaster Co-Housing

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Cropthorne

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Findhorn

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St Just In Roseland

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Hempsted Green

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Vauban, Germany

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Warborough

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Almere, Holland

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Ashley Vale

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West Quantoxhead

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Castle Ring Wood

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The Camberwell Curve

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Trefeglwys

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Wellstride

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Hockerton

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Wokingham

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Top tips

Choosing a construction system

Choosing a construction system Read more

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Sources of finance

Sources of Finance

If you are planning to build your home on your own there are broadly there are three ways of financing a project: 
  • You are able to use your own savings (if so, you can probably stay in your existing home until the new one is built). Sometimes people are able to supplement their own savings by arranging an informal loan from family or friends.
  • You sell your current house to raise the finance you need, or use your existing property as surety for a loan to fund the new house. If you have to sell your current home you might then live in a caravan on site, or with relatives, or rent a house while the new home is built.
  • You borrow the money you need by taking out a mortgage on your proposed self build home. Usually you can only borrow about 75% of the land cost, and 60% of the build cost, so you will still need a sizeable deposit. Our Suppliers Directory lists financial/mortgage providers.

You need to assess your situation and work out which method or combination of methods will work best for you.

Homebuilding & Renovating provide an up-to-date list of self build mortgage suppliers. 

If you are hoping to build as part of a group self build scheme you may be eligible for a loan under the Government’s new Custom Build Investment Fund. To be eligible there has to be at least five homes being built together. Read more about the full prospectus here. Note that a slightly different approach is being proposed from the Greater London area.
 
Community-led housing schemes are also eligible for grants towards some professional fees. Locality has more information.
 
Some of the bigger lending institutions may also be worth approaching, though in the current economic climate; it’s very difficult to get finance for group self build schemes. 

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