Is the credit crunch affecting self builders?

2 replies
admin's picture
admin
Joined: 04/11/2008

So... yeah, as the title says, are any other self builders being affected by the "credit crunch"?

John's picture
John
Joined: 15/12/2008

I think so

Richard's picture
Richard
Joined: 19/02/2009

The credit crunch is creating lots of new opportunities for Self Builders.

-There are some developers willing to sell plots to self builders because they don't want to risk spending money building the house for it not to sell or they are struggling to arrange the finance, selling the serviced plot is still making them a little profit and helping them with cashflow. They might not be advertised but it could be worth your while approaching a developer if there is a plot you are interested in.