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Showing results for tags 'selfbuildscotland'.
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Hi all Currently finalising missives (contract of sale - Scotland) to purchase our land which is subject to planning and finance. The next step will be to put planning permission on the land then when planning is in place we can apply for the self build mortgage which will cover part the land cost too (we have £100k cash, the land price is £250k. Buying the land outright isn’t an option for us) The sellers asked for 6 weeks from planning approval to complete the sale however my financial advisor said we need minimum 12 weeks and ideally 15 to get the mortgage application through. My lawyer is now negotiating this point with the other side. They have agreed to 12 weeks but not 15. My financial advisor feels uncomfortable with this. The position would be that the sellers could then walk away if we don’t complete within this time frame, we would lose the sale and all of the money (£30k+) time and effort that will have gone into the project by that point. They will be left with land that has planning on it, so more valuable. Has anyone got any experience of a similar legal contract? are there any loop holes we could add in to further protect ourselves if there were any delays outwith our control? Has anyone got experience with mortgage application timelines? We are looking at buildloan and will prepare all we can upfront including costings, ready to apply as soon as planning is in place. Any ideas, experiences or suggestions are welcomed! Thank you.
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Hey everyone. We are building on Bantaskin Street in Maryhill, Glasgow. Foundations complete and we are now working on the frame onsite. One of our build requirements (via Glasgow City Council who have initiated this project) is that we meet the "Silver Active" energy efficiency rating. Our architect has specced a whole bunch of things for us and we have the certificate. I spoke to him and asked about changing things/moving things around, and how to check whether or not we would still meet Silver Active and he wasn't very helpful. Does anyone know more about this? I'm thinking we should remove 5 PV panels, which might not do a huge amount in grey Glasgow, (but cost a fortune!) and try to come up with something more clever? We are hands on, and working with a small budget, so want to be creative and innovative here if possible. Ideas and thoughts welcome! Thanks Joanna
