Self-build fund

I was interested to read that Housing Minister Grant Shapps has launched a £30m fund to provide short-term finance for self-builders. He has also contacted mainstream lenders asking them to provide finance for self-build projects. He is working closely with self-build champion Kevin McLeod (from T.V. show Grand Designs), to highlight how important self-build is for the economy. I welcome this event and would ask that mainstream lenders show positive support for the self-build market which is hugely important to the property market as a whole. I am certainly noticing an increase in clients looking to develop sites or build their own home on plots and any assistance would be very welcome.

Lindsay Darroch
Partner and Head of Property

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