Site
|
Plot purchase
cost
|
From ¼ to ½ total budget
|
Site investigations – checking
ground conditions
|
May not be required
|
Acquisition costs:
Solicitors fees
Stamp duty
|
|
Professional measured site survey
|
Usually required except for simplest
sites
|
Site clearance and security costs
|
May not be required, on only very
minor work to make site safe
|
Public liability insurance
|
Cover yourself in case of accidents
before work starts
|
Finance
|
Mortgage funding
|
Funds for SB mortgage
|
Mortgage valuation and legal fees
|
Vary with lenders
|
Selling existing property
|
Sell privately online, or allow 3 %
of sale price for agents fees
|
|
|
Professional fees
|
Architects fees
|
Depends on extent of brief. % or
hourly rate
|
Building Regs drawing package
|
|
Tendering
|
Several hundred £
|
Engineer’s fees
|
Agreed sum or hourly rate
|
Planning fees
|
From £300 (VAT not charged)
|
Planning consultant / appeal fees
|
Not normally required, but can be
expensive
|
Building Regs LA app fees
|
Typically around £250+VAT
|
Building Regs inspection fee
|
Around £ 300+VAT
|
QS fees
|
Not usually essential
|
|
|
Site Costs
|
Construction of
house
(to include all kitchen &
bathroom fittings)
|
Estimate £ per sq m
|
External works
|
Driveway or possible new road access
|
Contingency sum
|
Minimum 5% to 10% of build costs
- usually spent
|
Accommodation during build
|
Mobile home, rental, extra mortgage
costs
|
Service connections – water,
drainage electricity, gas
|
Varies depending on supplier and
site – can cost may £’000 pounds
|
Project management
|
|
Certification
NHBC / Zurich
Architects certificate
|
|
Insurance
Employer’s liability
Contractor insurance
|
Only if you DIY manage it yourself,
otherwise up to main contractor
|
|
|
Moving house
|
Removal costs
|
|
New home furniture
|
|
Agents’ sale fees
|
|
Conveyancing sale fees
|
|
Agents’ sale fees
|
|
Conveyancing fees on sale
|
|
Mortgage redemption fees
|
|
|
|