Landlord insurance clients sometimes think about building their own properties, either to let out or occupy as their own homes. Each year something like 20,000 people build their own houses but the Government would like this number to increase. We currently have one of the lowest proportions of new homes built by self-builders in Europe.
Housing Minister Grant Shapps has welcomed a report from a group led by the National Self Build Association that sets out an action plan to encourage self -building. The proposals include encouraging lenders to offer more finance products to people building their own homes and making land more readily available.
Grant Shapps said: “ Self builders deliver affordable, greener and more innovatively designed homes. There is still significant opportunity for growth in the sector which can only be opened up if Government and industry work together.”
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