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This is Money Podcast

Have you ever wanted to build your own home?

10 May 2019

Description

Many people say they would like to have a crack at a Grand Design of their own – or even a more modest one – but finding somewhere to build it is a problem. That’s why despite self-builders typically turning an immediate paper profit of 15 to 30%, according to specialist BuildStore, not many of us take the plunge.  Things could be about to change for the better, however, as keen to encourage more people to self-build the Government has told councils to launch Right to Build registers and make land available. On this week’s podcast, Simon Lambert and Georgie Frost dive into the world of building your own home and look at whether the plan to raise self-build’s profile will work or fizzle out. From finding a plot, to using an architect, and getting involved yourself or employing someone to build it for you, they discuss how to do – and the barriers that may stand in your way. Plus Simon reveals how both his parents and his uncle - on separate occasions - went down the self-build route. Also on this week’s podcast, the team look at whether pensioners should get a stamp duty break and if you can sell your home for less than it’s worth to avoid equity release and care costs. Neil Woodford’s claim that his strategy will come good is in the spotlight and Simon reflects on whether sticking with his Woodford investments was a wise move. And finally, Britain’s car buyers may love an SUV but we reveal why choosing one will hit your pocket harder than a good old fashioned estate car.

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