PLOT FINDING TIP
problem but the expectation of what’s possible.the biggest issue here is people’s perception of what they can get for the budget they have.the problem is further compounded by the fact that oven-ready land is generally overvalued and therefore the budget you’re working with may not yield the plot you want.
Given that perfect plots rarely exist, and expectations can be unrealistic, finding a suitable plot requires compromise.while lots of people have a passion to self-build, often they don’t understand why they want to do it and therefore struggle to figure out how to make a less than perfect plot work. Having a clear view of what drives your self-build passion, including a knowledge of your must-haves and nice-to-haves, will unlock plots that would otherwise seem unsuitable at first glance.
Anyone spending their life savings on something with the potential to cost them still more money will quite rightly be cautious.this can cause problems when
Not every plot is sold as such. Sometimes replacing an existing building can be the best route to creating your dream home, particularly in areas such as the south-east. a plot is found, as inexperienced plot buyers can dilly dally, worrying that there could be hidden problems or that they might be offering too much money. From a plot seller’s point of view this can be frustrating. As a result, if there’s doubt over the buyer’s commitment, the seller may accept a more confident offer from, say, a builder who they judge to be more likely to complete the sale.
Buyers are not prepared to compromise
Indecision means missed opportunities
Everyone is looking in the same place
The path of least resistance is always the most tempting, and as a result people tend to only look at the most convenient routes to find a plot. It should come as no surprise that plotfinding search engines such as plotfinder.net are very popular, as are sites such as Rightmove, but remember, if you find something you need to act as quickly as possible. You’ll need to be savvy to beat the competition. Better keep reading this series in future issues.
NEXT MONTH
Now I’ve set the scene and explained why plots seem so elusive, next month I’ll look at what you should do before you start looking for one to raise your chances of striking lucky.