Hi Micheller,
I'm looking at going down the self build route as well and I've a few questions I'm hoping you could maybe help with. Firstly, at what stage do the bank generally expect you to start repaying the mortgage? I'm just wondering would I have to pay rent whilst the house was being built as well as mortgage repayments- is there any way around that?
Secondly, are you finding that there are many hidden costs that pop up along the way or how do you budget for them? I'm scared that I might under estimate costs and run out of money before completion.
I'm basically just trying to find out as much as I can before I decide if I should go down the self build route or just buy a ready built place. Any help would be gratefullt received!