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Government Will Double Number of Self Builders in the UK

A new registers scheme has been launched to help aspiring home self builders find plots more easily, kick-starting their dreams of owning their own home.

From April 1 onward, local councils will be required to maintain a register of would-be self and custom home builders when making plans for future housing and land use. The new effort is part of the government’s plan to deal with the country’s ongoing housing crisis.

These registers will simplify the process of finding land when a plot becomes available, helping self builders get even closer to realising their goal.

Housing and Planning Minister Brandon Lewis confirmed that the initiative will empower and enable the huge potential that both self and custom build have to meet future housing needs in the UK.

Mr. Lewis said that many other countries have delivered high numbers of needed housing via the self-build channel and the UK Government is determined to help self and custom built homes become easier to achieve.

He added that the new registers are an excellent example of the Government’s commitment to doubling the number of custom and self-built properties by the end of the decade.

Halifax has confirmed that average house prices in the UK rose 9.7% in the year to January, reaching a figure of £212,430.

As a result of the ongoing shortage of available homes, many people worry that they will never be able to get a foothold on the property ladder. Low supply and increased demand have both been blamed on rising prices.

As part of its commitment to making home ownership more accessible, The Government vowed in the Autumn Statement to build 400,000 new homes by the time the current parliament concludes.

However, the country presently produces only about half the number of homes which are needed each year.

Specialists in Construction Insurance

The registers supplement the Housing and Planning Bill measure that will require local authorities to ensure that they have enough suitable plots to meet the demand reflected on their register.

Richard Bacon MP first presented the Self-build and Custom Housebuilding Bill to Parliament and imposed an obligation on local authorities to maintain a register of local residents interested in building their own homes.

The Government unveiled the Housing Development Fund in the Spending Review. This undertaking is intended to provide £1 billion of loan financing for up to five years to custom builders, small and medium developers, and innovative building styles. Used as anticipated, it is expected to provide over 25,000 new homes by 2024 or 2025.

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