Welcome
If you pressed the pause button on your home building project last year, now could be the time to hit play. Post-election, UK house price growth reached a 14-month peak in January, with confidence surging across the country as the excruciating will-they-won’t-they haze surrounding Brexit finally lifted. History shows that, when the housing market is buoyant, the key ingredients fall into place for self builders, renovators and home extenders to make hay, too.
That pattern looks set to continue in 2020. Mortgage approvals are at their highest level in almost five years, for instance, and crucially this is accompanied by competitively low rates - so aff ordable finance is readily available. What’s more, BuildStore has recently launched a new stage payment self build mortgage that guarantees funds based on your actual project spending, rather than relying on subjective valuations. It’s an innovative change that promises real cashflow certainty - so you know you’ll be able to pay suppliers and trades on time.