Homebuilding & Renovating

Remember to factor in the following costs...

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In addition to the plot and total build cost, there are other costs associated with building a home that need to be accounted for, including those associated with purchasing the plot (legal fees and stamp duty), a topographi­cal survey, any surveys you need for planning purposes (such as ecological surveys), design fees, planning fees and the cost to create plans for Building Regulation­s purposes. You’ll also need to purchase self-build insurance as soon as you buy your plot, and it’s a good idea to get a warranty, too. Another common ‘hidden’ cost is the price of bringing services like electricit­y, water and mains gas to site. These extras can add up fast, so stay on top of them.

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