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What sort of costs are involved in building a house?

18 replies

Levanna · 26/01/2006 17:45

That's it really! does anyone know?

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brimfull · 26/01/2006 18:02

don't know much,but I think a new build is tax free or something,ie you get the supplies tax free or maybe the labour.

Could be talking out my bum though

Levanna · 26/01/2006 18:07

oooh, sounds interesting! I wonder if there are any grants for building with ecological materials / using renewable energy for heating? Hmmmm

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brimfull · 26/01/2006 18:11

yeh I'm sure there must be,Have you ever read the grand design magazine,or there is a self build one.

Personally I think those ones that come in a kit look relatively stress free.

Levanna · 26/01/2006 18:18

Hehe, a house in a box type of thing? Tempting! I'll have a look out for self build mags, it's be a good place to start, thanks!

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Nbg · 26/01/2006 18:21

We're in the process of getting an extension going.

We've been told there's costs for
the plan drawings
Surveys
Survey reports
Council costs
Soliciters?

For our basic 2 storey extension thats coming to about £1200. Extension itself 20k.

Hth.

brimfull · 26/01/2006 18:25

we've just done a two storey extension,it cost £60,000,and that's just the build,no decorating flooring.the whole thing with all the planning etc came to 80,000.How you can do it for £20,000 I'll nvere know,hats off to you if you do though!

mummytosteven · 26/01/2006 18:26

try www.buildstore.co.uk

Nbg · 26/01/2006 18:29

It's not massive ggirl, just a one up, one down with part of the exsisting wall being "cut out" for a new door.

That doesn't include Central heating or decorating. Just windows and flooring. Haven't started yet either.

brimfull · 26/01/2006 18:39

oh right!sounds reasonable then,sorry to sound so shocked.

Nbg · 26/01/2006 18:40

20k is bad enough never mind 80k!

Levanna · 26/01/2006 19:51

Thanks all! That's given me something to think about

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morningpaper · 26/01/2006 19:56

We have just had lots of preparatory work/planning permission for a SMALL one-up-one-down extension and the quotes for BASIC building work are all coming in between 40k-60k.

Shocked at first but now we've had three quotes and all similar.

So we might move instead.

mummytosteven · 26/01/2006 20:39

more websites with you, with a bit of a green flavour (a girl I know from another parenting board wants to build her own place):-

www.mylinkspage.com/greenbuilder.html#CAM

www.newbuilder.co.uk/

www.bbc.co.uk/bbcthree/tv/guerrillahomes/find_plot.shtml

www.lightearth.co.uk/index.htm

www.greenregister.org/site.builder/householder.html

www.diggersanddreamers.org.uk/links.htm

zippitippitoes · 26/01/2006 21:00

we are hoping to start building a little house in our backyard next week

we have spent 560.00 on a measured survey
about 1800.00 or so on the architect plan and submission

about 2000.00 on further plan for building regs spec and tendering to builders (last bit waste of money)and a few hundred for structural calculations

we had quotes between 102k and 130k for complete build

and we were budgeting 75k max (hoping for around 60k)

so we are now using subbies and hope to come in within budget

we didn't buy the plot but value it in terms of loss to our own house value as about 40k

we also have paid £1570 for NHBC solo warranty and about £500 for the site insurance (have to remember to do that in the next day or two!)

we also cleared the buildings that were there ourselves which cost about £900 for skips and paid some mates £300 for labour

but salvaged materials worth about £1000

a new build means no vat or reclaim the vat but not on professional fees or plant hire (like scaffolding)but only if the dwelling is for your own occupation

our groundworks quote to oversite/dpc is £9300

brickie has quoted £5,000 for labour and we have initial price for his materials at £3,600

so that gets us up to wallplate

the house is a 1.5 storey little foregarden, hall with cloakroom off and downstairs double bedroom with ensuite shower and wc, at the rear living space incorporating the kitchen with french doors to patio garden

upstairs room in roof with velux windows and ensuite shower and wc

slate roof, 3 metre reclaimed brick wall to street at the front house in similar brick with wood sash windows

it's just about detached (10 to 20 cm on either side to boundary)

we hope it will be valued at around 175k or more when finished

hope to help!!!

zippitippitoes · 26/01/2006 21:06

just remembered also had to pay arrangement fees for a mortgage, house valuation and the mortgage interest itself!

Levanna · 26/01/2006 22:52

MTS and Zippi, thanks a million!

Zippi, do you mind me asking whether you have a seperate mortgage for the new build? I hadn't even realised that was an option.....but if it is it'd leave a lot more to play with WRT land.

Sorry if that's an absolute dunce question, anything in the financial field is like another language to me!

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zippitippitoes · 27/01/2006 13:41

Hi

we didn't have a mortgage so we took a mortgage on our own house which could later be taken on the new house if we want

if you are interested in green build you should look at the ecology building society and the norwich and peterborough as they both lend on new builds and those especially with green features (ours is very much a town centre dwelling so not really applicable so much)

also visit self build and renovate shows which take place around the country at eg the NEC and olympia

there may be grants towards solar heating and heating through deep ground bore but these will make an expensive option a little cheaper rather than make it anything like as cheap to install as conventional methods

also look at green roofs

where are you wanting to build?

Levanna · 29/01/2006 22:10

Hi Zippi, thanks a million for all this info!

I was thinking Somerset but nothing definite yet.

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