Property News · October 30, 2017

Build it, split it, blag it: alternative ways to get on the property ladder


Whether it’s building your own sprawling mansion or teaming up with friends, there are many creative ways to get your own slice of homeNine years ago, a woman and her four kids managed to build a house from scratch using just a YouTube video for guidance. Cara Brookins took out a loan, spent $150,000 (£113,000) on raw materials, and built a five-bedroom freestanding house, learning how to construct the building’s frame and secure it with concrete foundations – all while many of us struggle to put up bookshelves.There’s a housing crisis in the UK, with many struggling to get on the housing ladder. Prices in London and the south-east remain sky-high, with first-time buyers needing an average deposit of £90,000 to get a two-bedroom flat in London. Across the UK, a report found that the average deposit needed to buy your own home is £33,000. Continue reading…

Source : theguardian.com
Read more…Build it, split it, blag it: alternative ways to get on the property ladder

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