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Levy cut on self-build homes

Posted at February 24, 2014 | By : | Categories : News | 0 Comment

Self-builders are now exempt from paying a levy previously placed on most new buildings over a certain size.

In some cases, the charge added considerably to the cost of building a home. For example someone building their own 4-bedroom house 150 square metres in size could be liable to pay £15,000 in community infrastructure levy.

Relief from the levy covers homes that are owner-occupied and built or commissioned by individuals, families or groups of individuals for their own use.

Communities Secretary, Eric Pickles, says: “Building your own home is always a challenge and we are doing what we can to help people realise their dream and provide a home for their family. This change will save self-builders thousands of pounds and help many more in the future.”

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