A new report has revealed the number of self-build completions in the UK have fallen in recent years…
According to the ‘Self-Build Housing Market Report – UK 2016-2020’ analysis, the UK has the “lowest rates of self-building”, with around 10 per cent of new private sector house building falling under this category.
The report, published by AMA Research, examined other nations such as Austria, Belgium, Italy, and Sweden, which have self-build rates ranging between 67 and 83 per cent.
The government has over the past few years pushed to increase the number of self-builds through initiatives aimed at making the process easier, including the Right to Build scheme, launched in 2014.
From April this year councils were also required to keep a register of self and custom house builders, which can be used to plan future housing and land use.
Additionally, the Self-build and Custom Housebuilding Act also gained Royal Assent in March. These measures from the government are likely to continue to push the sector forward.
The report estimated self-build values would increase by five per cent in 2016. By 2020, growth is expected to increase by around seven to 10 per cent.
