Building a new house

Carpi10

Hello,

Apologies in advance if this is in the wrong section.

I like to plan and prepare for my future and i have been thinking about buying my first house for months now and after initial research, i think i want to build my own house from scratch.

I am 21 and looking to save for 5-7 years to hopefully reach a savings target of around £60,000-£80,000.

If there is anyone on here who has built a house from scratch i could really do with some advice on where to start. Obviously i am years from the initial stages but would like an idea now.

On average, how much would a 3,4,5 bedroom house cost to build? Excluding land prices. Before starting to build, in comparison with those house prices, what would be a good chunk of money to have before starting? If the chunk is lower than expected, i could possibly start the build even earlier. Also advice on mortgages would be greatly appreciated.

Thank you!

ormus

last time i heard, a 2/3 bed house can be built for approx 65k.

the land (with PP), can easy cost the same again.

Carpi10

manda1205 wrote: »

MIL has just built a 3 bed end terraced (added onto hers) and it has cost approx £40,000. This is excluding all final touches, kitchen, bathroom, carpets etc will all be added extra's as she is doing a lot of these herself.

Sorry, what is MIL?

In my research, it mentioned that a terraced build costs more than a detached build? This didn't make sense to me, is this correct?

I would like a 4-5 bedroom detached house but unsure what a good deposit would be. So i am trying to establish all the costings.

Thank you

CashisKing

Read the book the housebuilders bible by Mark Brinkley.

Get it from the library to put the money towards your fund

olias

Sorry, but I think some of the other posts are unrealistic, a plot of land large enough to accommodate a 5 bed detached house I can't see being less than about £90K unless you are looking at quite a poor area.

Bearing in mind your age I would doublt you have the neccessary trade skills to do most of the work, so that would mean hiring contractors. I would think you are looking at £1000-£1500 m2, more if you want a high end finish. With an average size being 150m2 you are looking at £150000-£200000 build costs, plus costs for design/architect, planning, building regs etc plus loss of earnings if you take time off to project manage.

If you really knew your stuff, project managed it yourself, and knew enough of the trades to do the vast majority of work yourself, then you just might be able to scrape it in around the £100000 mark, but that would still mean about £200000 all together with the land and fees.

Olias

Carpi10

olias wrote: »

Sorry, but I think some of the other posts are unrealistic, a plot of land large enough to accommodate a 5 bed detached house I can't see being less than about £90K unless you are looking at quite a poor area.

Bearing in mind your age I would doublt you have the neccessary trade skills to do most of the work, so that would mean hiring contractors. I would think you are looking at £1000-£1500 m2, more if you want a high end finish. With an average size being 150m2 you are looking at £150000-£200000 build costs, plus costs for design/architect, planning, building regs etc plus loss of earnings if you take time off to project manage.

If you really knew your stuff, project managed it yourself, and knew enough of the trades to do the vast majority of work yourself, then you just might be able to scrape it in around the £100000 mark, but that would still mean about £200000 all together with the land and fees.

Olias

Thank you, that's the kind of information i need.

Most of my family are builders, plumbers and electricians so i believe that would help. Not within the housing trade but i'm sure they would be a great asset.

I'm in the forces so it would be a secondary role for me. Maybe a 5 bed would be out of reach, but im sure if i saved well for the next 5-7 years, i would be able to achieve a 4 bed.

Thank you for help.

sunshinetours

Can;t help with costs but I would ensure that whatever design you go for you make it easily extendable in the future and check as far as possible that planners will let you extend in the future. Then start small with say a 2 or 3 bedroom house.

I do think overall cost depends massively on the plot of land you can find and get the right permission on

Good luck though

pinkmami

we've just built an extention on a small cottage. extension consists of 2 single bedrooms, 1 study, 1 master with ensuite & 1 family bathroom. So far we're up to about £50,000 & we're yet to have windows fitted, 1st fixes for electric & plumbing & plastering.

Carpi10

pinkmami wrote: »

we've just built an extention on a small cottage. extension consists of 2 single bedrooms, 1 study, 1 master with ensuite & 1 family bathroom. So far we're up to about £50,000 & we're yet to have windows fitted, 1st fixes for electric & plumbing & plastering.

Thank you for that, it's good to see some costings and how they vary.

SuzieSue

You should consider kit houses or modular homes. Most are very well built under factory conditions and can be erected in weeks.

Fred56

I've built myself and done a few barn conversions. Build costs are increasing as a result of the implementation of the Code for Sustainable Homes. By the time you are building England will be at the vaguely defined zero-carbon level or level 6 of CSH. I see from the last review published the governemnt that at least one of the big developers reckons that level 6 addded about £50k to the cost of a house. Having worked through the code I'm not convinced an infill plot can be developed to level 6 at all. With the existing solutions available it's been hard to get to level 4.

No doubt things will get better as time goes by but take my advice and entrust the design and development of the project to a design house that has all of the skills in-house. By that I mean, architectural design, code assessment, SAP assesment, ecology, hydrology structural engineering. Otherwise you're caught in mess of running here and there trying to gather everything together - I speak from experience. Look for a one-stop-shop.

Costs - based on past and current experience, I'd say no less that £2000 per sqm of footprint excluding land for basic specification meeting CSH level4. Projecting to level 6 I'd say at least 25% more but I'll never find out myself as I would not consider it for myself unless they ditch all the peripheral ideological frippery in the code and get back to building energy efficient houses.

NB - before anyone starts. I'm not against sustainability, I do not deny climate change. The Code for Sustainable Homes is an unnecessarily complex and expensive jumble of tosh, that's all. Don't believe the government's lies about it being 'entirely optional'. It's made compulsory through your local planning authority.