Why custom and self-build housing?
The UK is far behind its European counterparts in adopting self-build as a means of providing much-needed new homes. For many years the large national house-builders have been relied upon to create our housing, but often these speculative developments don’t entirely fulfil the needs of aspirational, design-conscious home-owners that are to be found at all levels of the market.
Through better design, procurement, and the use of off-site manufacturing, self-building is now more accessible than ever. The quality of self-builds visually, materially, and in terms of energy performance can go far beyond what is feasible with traditional developments. The only current limiting factor is the availability of sites – and a speculative land purchase is a risky strategy for individual builders.
The quality of self-builds go far beyond what is feasible with traditional developments
Landström is working with landowners and councils to make more self-build plots available. This is usually achieved through a mutually beneficial land promotion agreement. Landström will take on all costs and risk of promoting suitable land, building required infrastructure, and marketing the individual plots for a fixed pre-agreed percentage of the sale value.
Recent national government policy changes have introduced a requirement for local councils to make available enough serviced custom and self-build plots to meet the current demand. District councils keep a register of those wishing to self-build, which is a material consideration when deciding planning applications. Suitable potential sites will need to be brought forward alongside the already allocated local development sites, if councils are to meet their obligations.
If you believe that you have a site suitable for development, please contact us for a free appraisal and to hear more about how we can work with you.
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