Land with Outline / Full Planning Consent

The developer markets the plots with choice of design as per planning permission. It is compulsory for the client to engage with the developer to build the properties.

The benefits to developers marketing individual serviced plots:

• Assists developer's cash flow.
• Serviced plot sold, developer receives payment of land prior to commencement of build project. Assists client as stamp duty is paid on land not on completed build.
• Developer receives payment during build project as detailed:

1) Foundation level
2) Build to eaves height prior to roof trusses in place
3) Wind & water tight and roof tiled
4) Plastered out
5) Completion

Concerns of Banks and Building Societies

Solution

1) Self-builder.com advises potential clients of anticipated level of borrowing at an early stage

2) Self-builder.com ensures clients provide a more accurate break down of build costs and professional fees. Encourage clients to engage with developers. The developer may provide Fixed build costs and project manage the building project to completion.

3) Self-builder panel of solicitors. Initial and interim funds may be released to the solicitor - ensuring builder/developer is paid