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"Vacant land for sale
by owner" there
are several companies currently selling small parcels of agricultural
land, describing them as ‘plots’.
It may be that people are buying these ‘plots’ in the
full knowledge of their real and very limited development potential.
It is our experience that most buyers are seduced by the offer
of a cheap plot and through naivety or misinformation buy these ‘plots’.
These so-called ‘plots’ are for
sale well below residential development value yet often more
than ten times the true agricultural value. Some of the sellers
justify the sale of these small ‘plots’ because they believe
in long-term hope value. This also applies to some buyers but most
cannot afford to invest their hard-earned money in a long-term investment.
There are a number of these sites where owners
have got together to form associations hoping to make joint planning
applications. In the vast majority of cases the land has no real
development potential at all within the foreseeable future.
These ‘plots’ are generally in
Green Belts and open countryside – where housing would
be contrary to all existing and imaginable planning policies.
SMALL DEVELOPERS CLAIMING TO BE
SELF-BUILD PACKAGE COMPANIES
Small developers claiming to be self-build
package companies have approached a number of new self-builders.
In essence they are general builders charging a large sum to construct
a property, often quoting a lower price to secure the contract.
The ultimate cost is generally 30-50% more than Custom Homes’
independent project management price.
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Despite warnings, some of our clients have
been seduced by the low build cost and signed a contract with these
companies, ending up with the project going way over budget and
Custom Homes being called in to help try to rescue them.
ENERGY EFFICIENT HOMES
More and more planners require a National
Home Energy Rating Certificate showing a rating of 10 before
granting planning permission, will your new home meet the exacting
standards of a Custom Homes new property?
Please speak to Custom Homes about
our eco friendly house plans before entering into any of these
contracts.
The company policy is to offer free independent
advice to all prospective self-builders.
If you are unsure please call the Custom
Homes Advice Line on 01787 377388.
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