Self-build home: Raise finance - Revision history

Designing Buildings at 07:03, 26 November 2020

2020-11-26T07:03:49Z

← Older revision		Revision as of 07:03, 26 November 2020
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		+	[[File:Self_build_plan_header.jpg\|link=Self-build_home:_project_plan]] There are several approaches that can be adopted for raising finance:

−	~~[[File:Self build plan header.jpg\|alt=Self build plan header.jpg\|link=Self-build home: project plan]] There are several approaches that can be adopted for raising finance:<br/>~~	+	* Sell an existing property and use any remaining equity after paying back loans. Allowance may need to be made for financing temporary accommodation during the period between sale completion and occupation of the self-build home.
−	*Sell an existing property and use any remaining equity after paying back loans. Allowance may need to be made for financing temporary accommodation during the period between sale completion and occupation of the self-build home.	+	* Raise funds using equity in an existing property as collateral.
−	*Raise funds using equity in an existing property as collateral.	+	* Use capital or liquidate other assets.
−	*Use capital or liquidate other assets.	+	* Obtain a mortgage loan. There are a number of companies offering self-build mortgages, typically on the basis of 75% against land value and 60% against building value, releasing funds in the form of stage payments. It is advisable to seek a range of quotes and to pay particular attention to charges for inspection of the work to release progress payments and re-valuations. These charges can vary significantly.
−	*Obtain a mortgage loan. There are a number of companies offering self-build mortgages, typically on the basis of 75% against land value and 60% against building value, releasing funds in the form of stage payments. It is advisable to seek a range of quotes and to pay particular attention to charges for inspection of the work to release progress payments and re-valuations. These charges can vary significantly.	+	* Apply to schemes such as the Government [http://www.selfbuildportal.org.uk/custom-build-investment-fund Custom Build Investment Fund] for a loan. This is only available for community schemes with a minimum of five dwellings and a maximum cost of £3m.
−	*Apply to schemes such as the Government [http://www.selfbuildportal.org.uk/custom-build-investment-fund Custom Build Investment Fund] for a loan. This is only available for community schemes with a minimum of five dwellings and a maximum cost of £3m.	+

−	NB Self-build homes and the conversion of non-residential buildings into dwellings may qualify to reclaim the VAT paid on eligible building materials and services. See VAT refunds on self-build homes for more information.~~<br/>~~	+	NB Self-build homes and the conversion of non-residential buildings into dwellings may qualify to reclaim the VAT paid on eligible building materials and services. See VAT refunds on self-build homes for more information.

−	----	+	-----
		+	[[Self-build_home:_Acquire_the_plot\|Next stage: Acquire the plot]].

−	► [[Self-~~build%20home%3A%20Acquire%20the%20plot\|Next stage~~: ~~Acquire the plot~~]].~~<br/>~~	+	[[Self-build_home:_project_plan\|List of all stages]].

−	▲ [[~~Self-build%20home%3A%20project%20plan\|List of all stages~~]].	+	[[Category:DCN_Guidance]] [[Category:DCN_Template]] [[Category:Self-build_home]]
−		+
−	[[Category:Self-build_home]]	+

Designing Buildings at 16:06, 4 December 2014

2014-12-04T16:06:38Z

← Older revision		Revision as of 16:06, 4 December 2014
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	[[File:Self build plan header.jpg\|alt=Self build plan header.jpg\|link=Self-build home: project plan]] There are several approaches that can be adopted for raising finance:<br/>		[[File:Self build plan header.jpg\|alt=Self build plan header.jpg\|link=Self-build home: project plan]] There are several approaches that can be adopted for raising finance:<br/>
−	*Sell an existing property and use any remaining equity after paying back loans. ~~Under such circumstances allowance~~ may need to be made for financing temporary accommodation during the period between sale completion and occupation of the self-build home.	+	*Sell an existing property and use any remaining equity after paying back loans. Allowance may need to be made for financing temporary accommodation during the period between sale completion and occupation of the self-build home.
	*Raise funds using equity in an existing property as collateral.		*Raise funds using equity in an existing property as collateral.
	*Use capital or liquidate other assets.		*Use capital or liquidate other assets.
−	*Obtain a mortgage loan. There are a number of companies offering self-build mortgages, typically on the basis of 75% against land value and 60% against building value, releasing ~~draw-down~~ funds in the form of stage payments. It is advisable to seek a range of quotes and to pay particular attention to charges for inspection of the work to release progress payments and re-valuations. These charges can vary significantly.	+	*Obtain a mortgage loan. There are a number of companies offering self-build mortgages, typically on the basis of 75% against land value and 60% against building value, releasing funds in the form of stage payments. It is advisable to seek a range of quotes and to pay particular attention to charges for inspection of the work to release progress payments and re-valuations. These charges can vary significantly.
	*Apply to schemes such as the Government [http://www.selfbuildportal.org.uk/custom-build-investment-fund Custom Build Investment Fund] for a loan. This is only available for community schemes with a minimum of five dwellings and a maximum cost of £3m.		*Apply to schemes such as the Government [http://www.selfbuildportal.org.uk/custom-build-investment-fund Custom Build Investment Fund] for a loan. This is only available for community schemes with a minimum of five dwellings and a maximum cost of £3m.

Designing Buildings at 11:12, 30 September 2014

2014-09-30T11:12:23Z

← Older revision		Revision as of 11:12, 30 September 2014
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	[[File:Self build plan header.jpg\|alt=Self build plan header.jpg\|link=Self-build home: project plan]] There are several approaches that can be adopted for raising finance:<br/>		[[File:Self build plan header.jpg\|alt=Self build plan header.jpg\|link=Self-build home: project plan]] There are several approaches that can be adopted for raising finance:<br/>
−	*Sell an existing property and use any remaining equity after paying back ~~any~~ loans ~~against it~~. Under such circumstances allowance may need to be made for financing temporary accommodation during the period between sale completion and occupation of the self-build home.	+	*Sell an existing property and use any remaining equity after paying back loans. Under such circumstances allowance may need to be made for financing temporary accommodation during the period between sale completion and occupation of the self-build home.
	*Raise funds using equity in an existing property as collateral.		*Raise funds using equity in an existing property as collateral.
	*Use capital or liquidate other assets.		*Use capital or liquidate other assets.

Designing Buildings at 10:15, 18 September 2014

2014-09-18T10:15:37Z

← Older revision		Revision as of 10:15, 18 September 2014
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	[[File:Self build plan header.jpg\|alt=Self build plan header.jpg\|link=Self-build home: project plan]] There are several approaches that can be adopted for raising finance:<br/>		[[File:Self build plan header.jpg\|alt=Self build plan header.jpg\|link=Self-build home: project plan]] There are several approaches that can be adopted for raising finance:<br/>
−	*Sell an existing property and use any remaining equity after paying back any loans against it. Under such circumstances allowance may need to be made for financing temporary accommodation during the period between sale completion and ~~new build~~ occupation.	+	*Sell an existing property and use any remaining equity after paying back any loans against it. Under such circumstances allowance may need to be made for financing temporary accommodation during the period between sale completion and occupation of the self-build home.
−	*Raise funds by using equity in an existing property as collateral.	+	*Raise funds using equity in an existing property as collateral.
	*Use capital or liquidate other assets.		*Use capital or liquidate other assets.
	*Obtain a mortgage loan. There are a number of companies offering self-build mortgages, typically on the basis of 75% against land value and 60% against building value, releasing draw-down funds in the form of stage payments. It is advisable to seek a range of quotes and to pay particular attention to charges for inspection of the work to release progress payments and re-valuations. These charges can vary significantly.		*Obtain a mortgage loan. There are a number of companies offering self-build mortgages, typically on the basis of 75% against land value and 60% against building value, releasing draw-down funds in the form of stage payments. It is advisable to seek a range of quotes and to pay particular attention to charges for inspection of the work to release progress payments and re-valuations. These charges can vary significantly.

Designing Buildings at 10:08, 16 September 2014

2014-09-16T10:08:42Z

← Older revision		Revision as of 10:08, 16 September 2014
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−	► [[Self-~~build_home:_Acquire_the_plot~~\|Next stage: Acquire the plot]].<br/>	+	► [[Self-build%20home%3A%20Acquire%20the%20plot\|Next stage: Acquire the plot]].<br/>

	▲ [[Self-build%20home%3A%20project%20plan\|List of all stages]].		▲ [[Self-build%20home%3A%20project%20plan\|List of all stages]].
		+
		+	[[Category:Self-build_home]]

Designing Buildings at 09:46, 16 September 2014

2014-09-16T09:46:29Z

← Older revision		Revision as of 09:46, 16 September 2014
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	----		----

−	► Next stage: Acquire the plot.<br/>	+	► [[Self-build_home:_Acquire_the_plot\|Next stage: Acquire the plot]].<br/>

	▲ [[Self-build%20home%3A%20project%20plan\|List of all stages]].		▲ [[Self-build%20home%3A%20project%20plan\|List of all stages]].

Designing Buildings at 09:38, 16 September 2014

2014-09-16T09:38:33Z

← Older revision		Revision as of 09:38, 16 September 2014
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	*Use capital or liquidate other assets.		*Use capital or liquidate other assets.
	*Obtain a mortgage loan. There are a number of companies offering self-build mortgages, typically on the basis of 75% against land value and 60% against building value, releasing draw-down funds in the form of stage payments. It is advisable to seek a range of quotes and to pay particular attention to charges for inspection of the work to release progress payments and re-valuations. These charges can vary significantly.		*Obtain a mortgage loan. There are a number of companies offering self-build mortgages, typically on the basis of 75% against land value and 60% against building value, releasing draw-down funds in the form of stage payments. It is advisable to seek a range of quotes and to pay particular attention to charges for inspection of the work to release progress payments and re-valuations. These charges can vary significantly.
−	*Apply to schemes such as the Government [http://www.selfbuildportal.org.uk/custom-build-investment-fund Custom Build Investment Fund] for a loan. This is only available for community schemes with a minimum of five dwellings and a maximum ~~grant~~ of £3m.	+	*Apply to schemes such as the Government [http://www.selfbuildportal.org.uk/custom-build-investment-fund Custom Build Investment Fund] for a loan. This is only available for community schemes with a minimum of five dwellings and a maximum cost of £3m.

	NB Self-build homes and the conversion of non-residential buildings into dwellings may qualify to reclaim the VAT paid on eligible building materials and services. See VAT refunds on self-build homes for more information.<br/>		NB Self-build homes and the conversion of non-residential buildings into dwellings may qualify to reclaim the VAT paid on eligible building materials and services. See VAT refunds on self-build homes for more information.<br/>

Designing Buildings at 09:37, 16 September 2014

2014-09-16T09:37:46Z

← Older revision		Revision as of 09:37, 16 September 2014
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−	[[File:Self build plan header.jpg\|link=Self-~~build_home~~:~~_project_plan~~]] There are several approaches that can be adopted for raising finance:<br/>	+	[[File:Self build plan header.jpg\|alt=Self build plan header.jpg\|link=Self-build home: project plan]] There are several approaches that can be adopted for raising finance:<br/>
	*Sell an existing property and use any remaining equity after paying back any loans against it. Under such circumstances allowance may need to be made for financing temporary accommodation during the period between sale completion and new build occupation.		*Sell an existing property and use any remaining equity after paying back any loans against it. Under such circumstances allowance may need to be made for financing temporary accommodation during the period between sale completion and new build occupation.
	*Raise funds by using equity in an existing property as collateral.		*Raise funds by using equity in an existing property as collateral.
	*Use capital or liquidate other assets.		*Use capital or liquidate other assets.
−	*Obtain a mortgage loan. There are ~~now~~ a number of ~~mortgage~~ companies offering self-build mortgages, typically on the basis of 75% against land value and 60% against building value, releasing draw-down funds in the form of stage payments. It is advisable to seek a range of quotes and to pay particular attention to charges for inspection of the work to release progress payments and re-valuations. These charges can vary significantly.	+	*Obtain a mortgage loan. There are a number of companies offering self-build mortgages, typically on the basis of 75% against land value and 60% against building value, releasing draw-down funds in the form of stage payments. It is advisable to seek a range of quotes and to pay particular attention to charges for inspection of the work to release progress payments and re-valuations. These charges can vary significantly.
	*Apply to schemes such as the Government [http://www.selfbuildportal.org.uk/custom-build-investment-fund Custom Build Investment Fund] for a loan. This is only available for community schemes with a minimum of five dwellings and a maximum grant of £3m.		*Apply to schemes such as the Government [http://www.selfbuildportal.org.uk/custom-build-investment-fund Custom Build Investment Fund] for a loan. This is only available for community schemes with a minimum of five dwellings and a maximum grant of £3m.

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	► Next stage: Acquire the plot.<br/>		► Next stage: Acquire the plot.<br/>

−	▲ [[Self-~~build_home:_project_plan~~\|List of all stages]].	+	▲ [[Self-build%20home%3A%20project%20plan\|List of all stages]].

Designing Buildings: Created page with " link=Self-build_home:_project_plan There are several approaches that can be adopted for raising finance:
*Sell an existing property and ..."

2014-09-16T09:21:13Z

Created page with " link=Self-build_home:_project_plan There are several approaches that can be adopted for raising finance:<br/> *Sell an existing property and ..."

New page

[[File:Self build plan header.jpg|link=Self-build_home:_project_plan]] There are several approaches that can be adopted for raising finance:<br/>
*Sell an existing property and use any remaining equity after paying back any loans against it. Under such circumstances allowance may need to be made for financing temporary accommodation during the period between sale completion and new build occupation.
*Raise funds by using equity in an existing property as collateral.
*Use capital or liquidate other assets.
*Obtain a mortgage loan. There are now a number of mortgage companies offering self-build mortgages, typically on the basis of 75% against land value and 60% against building value, releasing draw-down funds in the form of stage payments. It is advisable to seek a range of quotes and to pay particular attention to charges for inspection of the work to release progress payments and re-valuations. These charges can vary significantly.
*Apply to schemes such as the Government [http://www.selfbuildportal.org.uk/custom-build-investment-fund Custom Build Investment Fund] for a loan. This is only available for community schemes with a minimum of five dwellings and a maximum grant of £3m.

NB Self-build homes and the conversion of non-residential buildings into dwellings may qualify to reclaim the VAT paid on eligible building materials and services. See VAT refunds on self-build homes for more information.<br/>

----

► Next stage: Acquire the plot.<br/>

▲ [[Self-build_home:_project_plan|List of all stages]].