Every dreamt house can be made into reality provided one has the pockets full. So let us come to the first part of building ones home. Finance is a must and so let’s starts with where one should try and get the first part of the problem.
Buying the land
People who give loans assure one of giving seventy five per cent of the loans for buying the plot of the land on which one wants to build on. After this the remaining seventy five per cent is given for completion of the house. As the building progresses the amount is paid in arrears. If one is building their own home then one can save thousands of pounds on stamp duty. The duty is paid on the cost of the land and also on plots that cost more than one lac and twenty five thousand pounds. On the cost of the building work there is no stamp duty neither on the completed p[property.. Finally, one can easily say that a three bed room would cost just about one lac fifty thousand dollars.
Building the House
It is both an exciting and satisfying experience when one settles down to building his or her own house. At times however it may be irritating and exasperating.
The first and foremost thing to be done is to gather information regarding building the house. The cost of the home may vary depending on the locality, raw material, design and the structure of the house.
Next is to find the cost of building a house.. This normally is done in rupees per square foot. The best is to know the right cost for the type of house
Thirdly the job is to select the contractor who should be good in his job. After all he will be there till the end and he is known more as a project manager. Past records of the contractor should be looked into and if he is working on another project it will be good to look up his work on that project and just take a round. One will have a fair idea of the quality of work, material being used, and observing the laborers on the site.
One should be actively involved in the construction of one’s house as one will be staying there for a life time. It is always good to supervise and track the expenses. Building a house takes a large amount of money and slight lapses can cost one over twenty per cent on the pocket.
Lastly it is always good to complete the work on schedule so as to avoid extra expenses. Some works may need to be redone so it is best to get it done as long as the laborers are on the site. It is also important to understand the seasonal factor
Once the house is complete one can look back with satisfaction and think what a challenging task it was.. However with dedication and perfect planning one is able to complete the dream home on schedule..