Now you can save thousands when building your own home
People building their own homes could save thousands of pounds following the government’s decision to exempt self-built accommodation from the Community Infrastructure Levy.
Developers have to pay the levy to local councils to help with the cost of the infrastructure needed to support new buildings.
Some local councils charge £100 per square metre for residential property. This means that a four bedroom house, which would likely cover 150 square metres, would cost the developer £15,000.
However, as of 24 February, the levy no longer applies to self-build developers.
Communities Secretary Eric Pickles said: “Building your own home is always a challenge and we are doing what we can to help people realise their dream and provide a home for their family. This change will save self-builders thousands of pounds and help many more in the future.
“By boosting the numbers of people building their own home we can help increase the number of new houses built each year in this country and support local businesses. There are too many levies and charges on housing.”
Home owners who build an extension will also be exempt from the levy.
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