Why Most People Can't Afford to Self-Build a House in the UK

I have always wondered why so few people self-build their own one off homes in the UK. To find out, I recently interviewed Pat Cannon, a mortgage broker in Edinburgh, about how self build mortgages work in the UK. You can watch the full interview on the Real Life Architect forum https://www.reallifearchitect.co.uk/f...

If you want to know more, please contact Pat;

Patrick Cannon
FOX Private Finance
www.foxprivatefinance.com
[email protected]

This video is sponsored by Sunflex UK - Check out this video I made taking a deep dive into their aluminum doors and windows, including costs.    • My Favourite Aluminium Doors and Windows  

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TIMESTAMPS

0:00 - How Many People Self-Build their Homes in the UK
1:30 - Why do so few people in the UK self-build their own homes?
2:47 - Can a self-build mortgage be used to buy a site?
3:54 - Why it might be easier to buy a site with cash
6:02 - What is the difference between a self-build mortgage and a regular mortgage?
6:44 - How Council of Mortgage Lenders CML Forms Work for Self-Build in the UK

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