soapstar

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About soapstar

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  1. Thanks. I assume not having a completion certificate would prevent us getting our final payment from the lender given it wasn't deemed 'complete'? If we decided to fund the rest of the build, bathrooms etc over the next year or so?
  2. @ProDave Thanks for your quick response. This is good to know that all we would require is the bare minimum (1 kitchen, 1 bathroom) for a temporary habitation certificate. You see we have 3 bathrooms and to reduce costs we would like to do just one and the kitchen obviously. In regards to the completion sign off requiring everything as detailed on the plans this makes me wonder how this effects mortgage. I assume the lender is lending on the assumption that everything is complete (including all bathrooms etc) and would not lend up to a point of temporary habitation? Your point on VAT reclaim is interesting, I would agree the temporary habitation certificate is a safer bet to reclaim VAT in case of any unforeseen delays to complete the build!
  3. Hello Folks, Got a few questions regarding the process involved in 'signing off' a build... My main reason to ask this is to find out what is the least we can have complete on our build before it is deemed 'habitable' (ie we can move in). I thought I knew the answer to this until someone recently told me I would require EVERYTHING as detailed on the plans to be complete before being 'signed off'. I find this hard to believe! Now the term signed off is getting me confused as from what I have gathered from reading on here and listening to various people there are 2 main signing off procedures, 1 being building control and the other a habitation certificate. Is this correct? Also when does the VAT reclaim process begin? As always thanks for the help! 😁
  4. soapstar

    Self Build Mortgage

    Thats very interesting thanks I will keep that in mind, I dont believe we have any rooms which are deemed non domestic but I shall check. Its more location based with no tie to the business planning wise.
  5. soapstar

    Self Build Mortgage

    @Thedreamer You seem to be very similar to myself, I am 30 years of age and began this process approximately 5 years ago...my goal was to have it built by 30 but its not looking likely!! I realise I am 'ahead of the game' being relatively young but our reasons for our build is business based therefore the plot is very important, the design of our house I am very pleased with. Due to some unforeseen circumstances which I would rather not post on here out of respect our journey has been a rather bumpy one and has made things ever more difficult. @Ferdinand Thanks for your advice you are very helpful. It would seem from a quick skim through the links attached I am very much out of touch with the SAP side of things. One thing which has really sprung out to me from a quick glance of the SAP costing thread is how much we paid for our calculations....£300 which seems to be high compared to these online companies! I know this is going off topic from this thread but i have attached our SAP Summary which is all I have to hand at the moment. I also intend to try out the Stroma software, learn more about SAP and made a call from there, I feel it could be a push too far at this stage. But anyhow we should probably revert this thread back to talking about mortgages.. 😁 SAP Specification Summary.pdf
  6. soapstar

    Self Build Mortgage

    @Ferdinand From the top of my head the figure they required was 85 for either the energy efficiency or environmental impact, if either of these was 85 or above they would consider a mortgage. Our calculations which were done by a qualified engineer were 76/79 - these calculations were based on a ground source system which we have decided to change to an air source system - I doubt this would increase our SAP rating? From my very basic understanding our figures were quite far off so I didn't follow up to how we could improve. Changing anything major plan wise is really out of the question at this stage.
  7. soapstar

    Self Build Mortgage

    @Thedreamer thanks that makes sense on the QS. Out of curiosity how do they charge in regards to signing off each stage of the build? Is this a set fee or % of valuation? Yes we do own our land so that’s a bonus, I don’t know how anyone can manage a self build plus buying the land!! I actually have just received confirmation from the self build loan scheme, they cannot lend more than the 175k unfortunately...10/10 for communication though! Ecology. Really annoyed with this one as we just fall short with our SAP rating, I tried to bargain with them but had no luck! Hear really good things bout them on here. Caravan is not completely out of the question, very affordable way of living. Although weighing up the profit from renting our place would be rather small and we would probably just be breaking even. Its good to hear someone else’s situation in regards to waiting it out for a few years to save, I was beginning to think we are doing something wrong or out of our depth with this project. We may need to stall it for a couple years but I can’t see myself doing that 😫 oh the joys of self building, haven’t even started yet 😀
  8. soapstar

    Self Build Mortgage

    @Thedreamer thanks for your input. Yes we we didn’t get very far at all with the SBS, basically had a look at our affordability and said no way, quite honest they were quite rude about it...build store on the other hand has been helpful and ‘promises’ we could borrow a good amount of our build costs plus help with keeping our current place as we wouldn’t get much equity out at this current time. If the sellers market didn’t collapse we would of been in a very good position unfortunately. Yes I have come across the self build loan scheme however it only seems to go to a maximum of £175k, we would require another 90-100k on top. I may actually enquire today with then to see what the situation is with that. Can I ask what you mean by going with the surveyor inspections? Do you mean costings obtained from a quantitative surveyor then sub contracted from there? Sorry @MikeyC I should probably start a new thread as I could easily hijack this with all my silly financing/mortgage related worries!! 😁
  9. soapstar

    Self Build Mortgage

    We are also being advised by build store to go with the Newcastle Building Society, what kind of crazy fees were you being quoted? I guess you didn’t go with Build Store in the end!? We tried the Scottish Building society however their criteria was ridiculous, they wanted a 10k plus contingency on top of the actual build cost!
  10. soapstar

    self build.....where to start.....

    I've heard bat surveys can be expensive...I think you need one done if your demolishing an old building. Have you thought about services? Do you have electric and water close by? If your electric supply is not sufficient enough for another house plus what it is already serving that cost can be pretty huge to upgrade transformer..
  11. soapstar

    self build.....where to start.....

    Have you been to a mortgage broker to determine your options and how much you can actually afford? You will go round in circles asking questions here, the advice is great on this forum however everyone's situation is different
  12. soapstar

    self build.....where to start.....

    Same for us, little over 15k to get where we are now. Architect, planning consultant, ground surveys etc To actually submit an application yes it would cost you a few hundred pounds, however to give yourself the best possible chance you need all bases covered to avoid going back and forth with the planners. You can usually re-submit again for free within one year...I learnt this the hard way by finding this out 1 week after the year was up on our 2nd submission 🙄 I've said this before...talk to local councillors which are on your ward, they can be a great help to determine your chances and most importantly cost nothing...
  13. soapstar

    self build.....where to start.....

    We are relatively young (or was when we started!) and have learned the hard way for the past 5 years, still haven’t broken ground and have spent more than I would like to admit! But for us there is a specific reason for us needing to be at this location, this is what is driving us, I guess everyone else has there own reasons. Just be prepared to pay more than your budgeting for...it’s not a walk in the park as I was led to believe and no procedure to follow. Talk to the local counsellors they can be very helpful, architects, builders, read books, planners, this forum!
  14. sounds to me that you definitely need to get a solicitor involved, i hate paying them but they could potentially save you thousands down the line
  15. not sure if this is relevant but we had to write up a deed of servitude with a local land owner who's land we needed to dig up in order for laying water pipes...expense was on us and we paid the solicitor fee plus some BS amount to the land owner that he was entitled to.. 😡