need to know
Self building in 2024
More people want to build their own home than buy a new one. Research by the Home Builders’ Federation has shown that only 33% of people in England and Wales would consider buying a new build home. Worse still, a homeowner survey for HomeOwners Alliance and BLP Insurance by YouGov found only 21% who would prefer a new build. The British public are shunning these homes because they are seen by some as poorly built, characterless and too small. Research by the Nationwide Building Society indicates that between 53% and 61% of people would like to commission their own home at some point. The figure sits at 80% for 18-34 year olds.