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Most people have heard of the Help to Buy scheme, but most have not heard of Help to Build. Well, this new Government scheme may be the best way to achieve the perfect home. Whether you have always dreamed of creating your own home or the thought is brand new, this could be a great alternative to searching for a property that ticks all your boxes!

More About the Help to Build Scheme

The Government introduced the Help to Build scheme in April 2021 to support people building their own houses. While it has always been possible to buy land and build a house, under normal circumstances this would cost around 20% of the build price as a deposit. Under the new scheme, there would only be a 5% deposit needed which opens the opportunity to many more people. On completion of the project, the government gives 20% of the build cost to the lender, reducing the mortgage too. Sceptics might wonder why they are doing it, but there is a lack of housing in the UK, and this is one way to help alleviate the problem.

How Can the Help to Build Scheme Benefit Me?

When looking for a new home people often struggle to find one that meets all their needs. Therefore, this new scheme could a affordable solution. There might be a good house on the market, but it has too few rooms, or the kitchen is too small. Imagine designing the perfect house and then seeing it come to life. If there is a need for a home office or home gym, dedicate a space for that. The scheme can allow for designing and building the ultimate home from the ground up.

Will it Suit Unconventional Needs?

This scheme encourages a shift from building a home that suits the general population, to one custom built for someone specific. So, this is for everyone including those with unconventional needs. It is entirely customisable to any requirements. Moreover, if rooms are needed for an older relative who requires their own space, that can happen. For someone with a disability that has a carer they can have a private dedicated area. Add on an additional bathroom for teenage daughters, add an art or yoga studio. The whole point is to create the home that works for now and the future. No need to scour the market everyday for the best homes only to be disappointed.

How Selby Design Can Support Your Build

It is possible that while this all sounds potentially exciting, that you are now considering the practicalities. Well, at Selby Design we are well-placed to support you with your building project. From the outset we can help with site surveys and the all-important design and planning. Once it comes to tenders and all aspects of contractor administration and selection, we have plenty of expertise. Over the years we have developed a strong network of skilled and trusted professionals we work with. We can recommend experts in various areas, reducing your risk of potential issues. If you are a first-time homeowner, or just first to build a property, it is natural that you will be inexperienced in the complex processes that go into such a large-scale project. There are many steps between design concept to project completion. Let Selby Design be the independent consultant you choose to support your journey.

This scheme is only going to be around for the next four years. Therefore, if we have sparked your interest, it is time to consider taking the next step. This is a 95% Loan to Value scheme which is often not available from mortgage lenders. So get in touch with us today, to begin discussing your self build project!