Graven Hill event unlocks Help to Buy

Graven Hill the Eden

While most Custom and Self Build homes are not able to access Help to Buy, Graven Hill, the UK’s largest self and custom build development in Bicester, has enabled its purchasers to access the loan scheme for its Custom Build properties. And you can find out more at a dedicated Help to Buy event, this Saturday 28 September.

Visitors can talk to a range of experts, including IMS Mortgages and Help to Buy South, about the Government’s loan scheme and how it works at Graven Hill, as well as find out more about this creative route to home ownership.

Help to Buy is available on all custom build homes at Graven Hill, such as the Eden home, shown, and the event is open to both first-time buyers and existing homeowners. Offering a practical route to making the dream of a tailored home a reality, Help to Buy allows buyers to apply for a 20 percent equity loan from the Government, meaning only a five percent cash deposit is needed, with the remainder covered by a 75 percent mortgage.

Karen Curtin, managing director at Graven Hill, said: “At Graven Hill, we are keen to create a community that is accessible to everyone. Help to Buy is a key part of this, ensuring that all our custom build homes are affordable, even to those taking their first steps onto the property ladder.

“Many people are still unsure of the benefits of the Help to Buy scheme, so this event will provide a brilliant opportunity to talk to industry experts, ask questions and find out everything you need to know about the scheme.

“We look forward to showing visitors the variety of designs and layouts available in our latest Custom Build new homes.”

NaCSBA and Help to Buy

NaCSBA is aware that Help to Buy creates an unfair advantage for speculative house building, and is talking to Government about redressing this balance through the introduction of a Help to Build scheme.

If it were to go ahead, this enable more people to access finance to create their own Self and Custom Build home.

 

What: Help to Buy at Graven Hill

When: Saturday 28 September

Time: 10 am – 4 pm

Where: the Show Home on the Graven Hill site, Bicester, OX25 2AQ

Cost: Free – Book your place on the Graven Hill website.

 

This is a NaCSBA Member Message

Squirrel Wood brings custom homes choice to Hampshire

Squirrel Wood self build homes

A new Customer Choice Centre has opened at Squirrel Wood, Design Your Home’s large custom build development in Hampshire, on a Homes England site. The centre includes a range of products, design solutions and options for people to choose from, giving them first hand experience of the choices on offer for their Custom and Self Build homes – a first for the UK. Customers can choose from a range of doors, skirtings, kitchens and bathrooms, as well as external cladding and bricks choices.

Situated just 10 minutes from Basingstoke, Phase 2 of Squirrel Wood is now on the market, offering Self Build, Custom Build or ‘Custom Choice’ opportunities, marketed through Custom Build Homes.

Starting from £260,000 for a Custom Build and £350,000 for a Custom Choice, the plots are part of the larger 122-plot site, where all planning is agreed in advance with Basingstoke Council for the range of design options on offer. This is pre-approval contributes to faster delivery, especially in comparison to going through the planning process individually, meaning homes can be delivered in a six month timeframe.

Self Build Choice

With its range of approaches, Squirrel Wood offers a vision for how customised homes can be delivered in the future, with customers have a series of choices to reflect their needs and circumstances, allowing them to balance choice with knowledge, time and budget.

Custom Build: At Squirrel Wood the Custom Build option gets you a fully-serviced plot with the choice of an internal layout from a wide range of pre-approved options. Once the plot is purchased customers enter into a contract with Design Your Home to build the property.

Using the Customer Choice Centre customers can select their internal and external preferences, giving them a truly personalised build, without the need for any construction knowledge.

Custom Choice: With the Custom Choice option the structure of the property is constructed prior to marketing, and customers have freedom to tailor the interiors. Unlike the Custom Build route, you pay for the property on completion, meaning you can choose a regular new build mortgage, or access the Help to Buy scheme. Custom-choice homes at Squirrel Wood can be completed within just four months.

Self Build: There are also a select number of Self Build plots on offer, with a Design Code establishing the rules around what is allowed in build terms.

Squirrel Wood aerial shot
New homes under construction at Squirrel Wood, with serviced plots laid out

For the custom options, there’s a range of house types to choose from, including 2-3 bed and 3-4 bed options, with further choices available depending on the plot type and route you choose.

What’s on offer:

Type A House: a 2-3 bedroom, terraced Custom Build home, with the option of a closed- or open-plan ground floor. Upstairs the space can be configured as two large bedrooms or three bedrooms with space for a study.
Type B House: a 2-3 bedroom, terraced Custom Build home with either a closed- or open-plan ground floor. Customers can have two large bedrooms, or three beds with an en-suite.
Type D Self Build Plot Only: a building plot with permission to build a detached 4 bedroom home. The Design Code sets the parameters of your design and, providing you satisfy these criteria, then you don’t need further planning consent.
Type F House: a 3-4 bedroom detached Custom Build or Choice home, with the choice of the kitchen at the front or the rear, and the option of an extra room with an extension. Again you can choose a two or three bed option upstairs.

The first custom homes on the site are now in their build phase, with first completions expected in the new year.

Kim Slowe, managing director of designyourhome.com said,“For far too long purchasers of new build homes in the UK have been given very little or no choice on both the layout and fitting out of their home. This makes little sense given that a home is likely to be the biggest purchase that an individual will ever make. designyourhome.com changes that. It gives homebuyers real choices whilst keeping the purchase and build process very simple. designyourhome.com has been designed to put the consumer in control for the very first time.”

Squirrel Wood is one of the Government’s original pilot scheme for innovative new Custom and Self Build housing, as set up by Homes England. The Homes England development is on the site of the Park Prewett hospital, with Design Your Home set up to bring Custom Build housing into the mainstream, as part of the vision of Places for People, the company behind it.

 

Design Your Homes next development, Marlborough Park in Swindon, is due to launch in September, bringing custom homes to Wiltshire.

 

NaCSBA Member Message

NaCSBA’s VAT Survey 2019 – calculating sector size for Custom and Self Build in the UK

VAT Survey

Calculating the size of the UK’s Custom and Self Build sector

The National Custom and Self Build Association (NaCSBA) is running a survey of Self Builders who have reclaimed Value Added Tax (VAT) on their project. It is calling for anyone who has built or commissioned their own home in the last five years to fill in the survey, anonymously, as gathering this data helps it establish the size of the sector.

This data, together with other information, such as the number of single dwellings created per year, this gives us an estimate of the number of self builders in the country.

Please fill in our VAT survey.

Knowing how many people are self building in the UK is vital for NaCSBA, as it shares these figures with the wider industry, and more importantly, with Government, helping fuel the conversation about creating more Custom and Self Build opportunities for more people across the UK. The more people that are building, the more new opportunities will come on the market.

From 2019 calculating the size of the sector will be easier, as there is now a question on the form that you must submit for planning permission (1APP), that will help gather this data. However, for earlier years we need to compile this data retrospectively – which you can help with.

One minute of your time

Please help others who want to self build by filling in the survey, or by sharing it with friends and associates. If you have self built, custom built, commissioned a new home or converted a building into a home, then we want to know how you reclaimed your VAT.

The survey is anonymous – it’s just nine questions, but it makes a huge difference to the work we do as an organisation, helping us to make custom build and self build more of a mainstream choice for more people.

 

Share this link with anyone who has self built recently: https://www.surveymonkey.co.uk/r/YDBQ26T

 

Thank you!

 

Image: DHayes