The Melton has added to its selection of self-build mortgages with a new family assist package, which is aimed at first time buyers. This mortgage considers up to four incomes from parents and grown-up children to a maximum loan size of £250,000. The loan will cover 75% of the total cost of the self-build project. This innovative scheme allows lower income earners the possibility of building a home, which might otherwise be unreachable.
6 housing and planning ministers have been appointed since 2010, following the defeat of Croydon MP Gavin Barwell in the recent general election. Alok Sharma, the Conservative MP for Reading West, has replaced him in the role as part of Theresa May’s newly-formed cabinet. Previously, Sharma has served as a member of the Commons Treasury and the science and technology select committees. Build It hopes he will continue the work of his predecessors in promoting the cause of self and custom builders throughout the UK.