25yo lad from West Midlands, interested in self-building first property but clueless and trying to learn everything I can!

[Raphael Andreas]

I see that the rules say not to ask anything specific here - but let’s just say that my biggest question will be affordability/finance. 

There’s so many variables and such to discuss - but before I begin to try to find plots or get ahead of myself in any other way, I suppose it’s worth getting some quick preliminary answers to 2 very broad/hypothetical questions: 

From start-to-finish, can a 2 story, 2 bed, 80m^2 house (including land and every other expense) be built on a budget of £280k in the West Midlands? (Tamworth/Sutton area) 
 

and 2; what’s the maximum LTV that someone can realistically get when self-building? I.e. how much cash would I need, at a minimum? 

I currently live at home with parents rent-free, so there would be no pressure for things to move quickly either. 
 

I know questions like these are like asking “how long is a piece of string?” - so I do apologise, but before I spend all the time in the world researching this self-build stuff, I kind of need to know if the idea is a non-starter to begin with! 

[MikeSharp01]

Welcome to THE forum for people like us. Well 3k per M2 is not a bad figure, so yes. On question 2 I have no idea. 

[Roundtuit]

5 minutes ago, MikeSharp01 said:

Welcome to THE forum for people like us. Well 3k per M2 is not a bad figure, so yes. On question 2 I have no idea. 

Less plot and professional fees etc...?

 

Any indication of plot costs in your catchment area would be helpful, and how hands-on you plan to be?