Using a SIPs build system could be an easy way for you to manage the scheme with minimal risk
Most people that I meet who are intending to start their self build journey are doing so with finite financial resources. No one has a magic money tree. They want to maximise the bang for their buck by getting the optimal home in terms of size, quality and performance, which means wringing every last penny out of the budget. While there are plenty of professional project managers out there, they don’t come cheap. Hiring one can take a sizeable chunk out of the pot – money that could be used elsewhere. It’s hardly surprising, then, that would-be self builders consider assuming this role themselves. But is this a sensible course of action? This month, I’ll examine what is involved in managing your own bespoke scheme and if it’s right for you.
Understanding risk