Before you begin the process of building your own home, it’s important to take into consideration some key property development factors. To offer assistance in building the home of your dreams, we’ve put together ten of the most common questions you should ask before starting your project.
- Can I get planning permission?
Although planning permission isn’t always required for changes to your existing property, the chances are that you will need planning permission for a new build property. Before diving head first into the planning and preparation of your new build, research into your site and find out whether planning applications have been submitted in the past.
- How much is it going to cost?
If you’re planning to build your own home, then the chances are that you have put a sizeable amount of money away to work with. Whether that involves savings or remortgaging, it’s important that you get the most out of your money and budget accordingly. Although working out the exact cost of your property may be difficult, it is possible to calculate the building cost by using a service like My Build Estimate.
- Do I have the right contractor?
When it comes to building, getting the right team of contractors and professionals behind you is essential. There are a few things in life that you can afford to cut corners on, but building your own home is not one of them. Find a reliable, trustworthy professional for your project and set a clear plan of action before any work takes place to protect everybody involved.
- Have I designed my property in a way that works for me?
Designing your own home is a dream of millions, but when it comes to putting pen to paper and deciding on your room layouts and ceiling heights, the details can be overwhelming. Take time to carefully plan your property design to be sure that it’s right for you and your family.
- How long will it take?
By planning your project carefully and working with trusted professionals, you should be able to complete your project on time and budget. My Build Estimate can help with this by producing a Programme of Works, however, be sure to remember that your project could run into some unforeseen circumstances, so be generous and plan accordingly.
- Will I run out of money?
We’ve already discussed the importance of calculating the cost of your new property, but taking into account the possibility of delays and problems is essential. If possible, try to put aside an additional budget which you could use should any problems arise, and monitor your money to ensure you stick to your budget and get the results you need for your business.
- Where should I build my house?
When it comes to property, it’s all about location, location, location! After you’ve built your dream home, you’ll be tied to that plot forever, so ensure that you pick the right location for you. Consider the possibility of buying a dilapidated building and starting from scratch to save money on land, and also bear in mind factors such as transport, traffic, schools and hospitals before you secure your plot.
- How can I make my property energy-efficient?
Making your property as energy-efficient as possible has multiple benefits – not only is it important to protect the environment, but you need to prepare for the future, where energy is likely to be more expensive. Luckily, building an energy-efficient home is simple, from installing the right windows and insulating walls, floors and ceilings.
- Do I have all of the correct paperwork?
In addition to planning permission, you need to ensure that you have all of the correct paperwork and information ready before starting your building project. Get written communication from all of your contractors and trades people, and keep a log of your progress throughout your project. Ensuring that your new-build is legally sound and insured is essential.
- Would it be easier to buy a property instead?
Amid the pressures and stresses of planning your dream home, you may go through periods where you contemplate whether you should continue with your project. It’s important to keep your end goal in mind – from the beginning of your journey to stepping through the front door for the first time – and remember that the freedom and flexibility of a custom build will never be matched.
By taking time out to plan through your property development before you begin, you will be able to save time, money and achieve your dreams of moving into a home that was built just for you.