Act NOW …Buy Land now before the prices rise

Posted on December 6, 2011 by Builder Bob There have been 0 comments

Government support for self build homes is fuelling a demand for land.

In Europe over 50% of the houses built are self builds, whilst in the UK the percentage is only around 20%, giving plenty of room for expansion of this sector with the resulting pressure on land availability and  prices.

Investors are now being encouraged to buy land speculating that this demand will result in increasing prices.

Chris Baguley, Director of specialist auction lender, Auction Finance says “ Investors inspired by self build and home design programmes are snapping up land in auction rooms across the UK”.

Investors are buying land either to build their own home and thereby save the developers profit, or to sell the property on once they have built it.

They are also seeing an increase in lending to self builders who are snapping up land at auctions.

Call Simply Self Build to discuss your dream self build home.

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