Building our own home is the ultimate dream for many of us, with one of the main benefits being that it allows us to design a unique property that will completely suit our lifestyle.
But before we start planning the perfect property or digging the foundations, it’s vitally important that we should figure out exactly how to fund that self-build dream. Self-builders have several finance options available to them, and the best one for you will depend on how much your self-build will cost and your personal circumstances.
USE CASH SAVINGS
If you have enough cash in the bank, using this money to fund your self-build project can make sense. A benefit of using cash is speed, as you won’t have to wait for loans or mortgages to come through to start your project. You also won’t be paying interest on any