As it becomes harder to find the perfect home, purchasers are increasingly believing that the answer to their problem lies in either building the dream property on an empty site, or dramatically recreating an existing building. Ten to fifteen percent of our initial enquiries are from people looking for a site on which to build; but 90% of these people are seriously uninformed about the reality of the project they have in mind.
Good sites are very difficult to find. Building your own home is certainly not a cheap option. Purchasers will find themselves in competition with developers whose costs are lower, so if they succeed in outbidding a professional, they will find that their margins are very tight indeed. As an exercise, building your own house is perhaps most useful for purchasers whose needs are so specific they are unable to find an existing property that suits.
Anyone trying to find one for themselves needs plenty of patience and tenacity. Here are some tips gleaned from years of experience on how to find your plot.
We have further advice for prospective DIY builders once you have found a potential plot.
And don’t forget, you can always call on the professionals – Stacks Property Search can be invaluable in finding land for prospective self builders. Not only will you be first to hear when a potential site is coming to the market, you will also be viewed as a serious buyer by any agent involved.
Our strong relationships with local estate agents often ensures that we hear about land for sale before, or as soon as, it comes onto the market. Estate agents are often keen to involve buying agents in land sales that are notoriously difficult to market. A piece of land, or dilapidated building, that is difficult to photograph and present, may attract a lot of interest, but often much of the interest comes from buyers who aren’t serious.
Our local contacts are essential to finding building plots. Land often sells by word of mouth within the local area so a serious buyer needs to have eyes and ears in the area on a daily basis.”
We also ensure buyers aren’t making a big mistake. Buyers are often so excited to find a suitable plot that they overlook problems and disadvantages, especially locational, in the joy of the moment! We can also help with planning issues, and look at the costs involved compared with the likely finished value of the property.
To understand more how a Buying Agent can help you reach your own ‘Grand Design’, get in touch with your local Property Finder.
Stacks can also help small scale developers and investors in their search for the right plot.
Professional Property Purchaser Rachel Johnston of Stacks Property Search advises new auction bidders… Why agents sell by auction “Whilst most property is sold by private treaty, estate agents and vendors tend to opt for an auction when they are confident that there will be huge interest, where the property is a restoration...
Think carefully before taking on a ‘project’. It’s become very fashionable to do up a wreck – numerous television programmes on the subject are largely responsible! Our clients frequently request a ‘project’, but baulk when faced with the reality. Better to analyse yourselves in depth now! Here’s how… Before taking the plunge...
Anyone trying to find a building plot for themselves needs plenty of patience and tenacity. Here are some tips gleaned from years of experience. Let estate agents know your requirements, but don’t rely on them alone – many plots aren’t sold through agents. Consider speaking with professional developers to see if they...
Stacks has further advice for prospective DIY builders once you have found a potential plot : Do your sums. On completion, would you be able to sell the property and cover all your costs? Look extremely carefully into all planning issues. If outline planning permission exists on the site, don’t assume you...
Call us on +44 (0) 1594 842880 or complete the form below
When making probably the most important financial decision of your life, it pays to have the right advisors at your side.
A holiday home is often an interesting mix of investment and heartfelt connection. You want to use it, but you may well also be keen for others to use it too. We can advise you on what factors to consider in making your decision. And we can then find the perfect holiday home for you to enjoy.
Others say, ‘location, location, location’. We say, ‘location, purpose, price, capital growth, rental returns’… the list goes on. Knowing the market is critical. Local knowledge is key. We ensure all aspects of your investment decision are addressed. Finding, analysing, negotiating, and completing… it’s what we do.
Relocating is time consuming and stressful. We regularly work with clients who live abroad. We hunt, short-list, prepare your viewings, and make the search process as easy as possible. We oversee the negotiations, manage the conveyancing, and deal with the headaches, so you can concentrate on other aspects of your move.
Retirement or semi-retirement is an exciting stage in life. Finding the right home to live in and enjoy it to the full is important. We know that and will do all that we can to understand what you’re looking for… before starting to search. And search we will, until we find the house of your dreams.