Jan 15
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New scheme launched to boost self build in the UK
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Published by Property Wire on Thursday, 22 January 2015
A new scheme that will enable more people to build or customise their own homes in the UK while also helping local authorities with land to develop has been launched.
Designed to de-risk the process of obtaining mortgages for self built and custom built properties, it allows local authorities with land to develop to both attract buyers and retain control over developments until completed.
Based on the existing local authority mortgage scheme, which has already been successfully used by 100 local authorities, the Custom and Self Build Scheme (CSB) has been launched by Capita Asset Services and Lloyds Banking Group.
