Self-build home: Acquire the plot
Once a delivery strategy has been developed, a solicitor should be appointed to purchase the selected plot.
It is sensible to appoint a solicitor experienced in land transactions as this should make the process faster and reduce the risk that the plot will be lost to another buyer. The solicitor should be provided with any relevant information that was accumulated during the site assessments.
If it has not already been done, the solicitor will check that the land title, carry out searches, prepare or check legal documentation and process the transaction itself.
Sometimes an option can be agreed by which a deposit of, say 10%, secures the right for the self-builder to buy the plot at a certain price once planning permission has been obtained by the purchaser. The deposit is retained by the seller in the event of failure within an agreed timeframe.
The seller on the other hand might negotiate overage in the form of extra payment if more units or square footage of building are put on the site than was assumed in an outline planning consent. See Overage for more information.
Clear freehold title is recommended as leasehold arrangements will affect the residual value of the property.
Ensure vacant possession and site clearance prior to completion of the purchase contract.
Next stage:
Featured articles and news
Introducing or next Guest Editor Arun Baybars
Practising architect and design panel review member.
Types of rapidly renewable content
From forestry to agricultural crops and their by-products.
Terraced houses and the public realm
The discernible difference between the public realm of detached housing and of terraced housing.
Put digitalisation and sustainability at the core of curricula
Project management educators are urged.
Looking back at the influence of climate events
From a designer and writer: 'There are limits to growth but no limits to development'.
Terms, histories, theories and practice.
Biophilic design and natural light
Letting in the light and natural elements into spaces.
APM Programme Management Conference 2024
Strategies for Success.
Residential takes the reins as contract awards even out
Contracts down, but remain above the last quarter of 2023.
Celebrating Eid and the largest mud-brick building.
Barry Kingscote claims prestigious CIOB CMYA Award.
The British Mosque: an architectural and social history
The story of some 1,500 mosques or more in Britain.
Heat pump refrigerants, efficiencies and impacts
R12 to R1270 what are the differences?
Global heat pump market in 2023
Challenging times with positive but modest outlook.
Beyond the infrastructure pipeline
Opportunities and chokepoints.