HomeOwners Alliance logo

Become a member today to access our home helpline, discounted conveyancing, expert advice & legal service

Building your own home should be made easier

Housing minister calls for lenders to be more accepting of DIY homes

November 8, 2012

Building your own home should not be a “pie in the sky dream” for homeowners, the housing minister Mark Prisk has said. Speaking to a conference organised by the Council of Mortgage Lenders in London, he argued that much more should be done to help make building your own home a reality. He pointed out that self builds only account for about 10% of newly built houses in the UK compared with around 60% in France and Germany.

Part of the problem with encouraging self builds is that mortgage lenders see it as a niche market, and there are currently only 20 products available to those wishing to build their own home. As a result the government has established a £30 million fund to help promote self builds as a viable option. However, it is unlikely that self builds will solve the housing crisis.

Stewart Baseley, of the Home Builders Federation said: “We welcome everyone building houses. There is plenty of room on the pitch for all these balls to be kicked about. But self-build is not the solution that will solve the housing crisis.”

Become a member today

Become a member of the HomeOwners Alliance:


✓ To Ask an Expert
✓ Access our Home Helpline
✓ Free Legal Advice Line
✓ Fee free mortgage advice
✓ Discounted conveyancing
✓ Unbiased advice

Join today >