Have you
heard the story about self builders having to live in a caravan
on site.
They don't.
In distant history some people did, but
today the mortgage companies are happy to fund a build, and you
can on completion sell the previous home and end up with a single mortgage
or convert the previous house mortgage to a 'buy to let' mortgage
and rent it out.
Over recent years property has been going
up, so the rise in price over the period of the build is a large
tax free windfall profit, that has completely furnished some homes
and added pools to others.
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You think its too
good to be true.
It may look to good to be true, but there again
over 20,000 people a year are doing it every year in Britain, and Britain
is behind most other countries in Europe and North America.
Eire, Southern Ireland, has a very small
population compared to the UK but about the same number of self built
homes.
In the UK there are 3 national magazines, one
magazine alone puts on 5 large shows a year, and a whole industry of
package companies, suppliers, project managers, loads of books on the
subject and of course you also have us to help you.
Not surprising then that magazine subscriptions
are going up, the number of self build homes built increases year on year
and it is rarely in the news, but then again good news rarely does make it
into the national media. All these people benefiting and you never hear
of a problem, never even a consumer programme warning of the danger of
tripping over all the money people make.
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