Apr
26

Government intervene to boost numbers of self and custom build homes

Making up around 7% of newly built properties each year, self and custom builds are to get support from the government to increase output by way of the government’s policy paper ‘Self and custom build action plan’. It is estimated that around 13,000 of these properties are built each year and according to the government, this could be increased considerably to around 30-40,000. Believing this market could make better use of smaller plots of land that are of no interest to larger developers, there will be help with access to finance, access to land, and expertise. Richard Bacon MP has also been commissioned by the Prime Minister to complete a review to come up with a plan to boost capacity and supply, and make recommendations to the government.