Advocates suggest that the self-built homes will cost just 59 percent of their finished value.
As written by Nick Dowson, Redpepper:
In the 1980s, Kareem Dayes’ father, Dave, built his own home in Honor Oak, south London – benefiting from a remarkable social housing scheme which supported several dozen people on Lewisham Council’s housing list to construct their own homes, and earn a share in them in return for their labour.
Now those simple-but-beautiful wooden homes on the snaking, hilly lanes of Walter’s Way and Segal Close are mostly in private hands through the right-to-buy policy – and far from affordable, with one recently on offer for £800,000.
But Kareem is leading a new wave of self-builders who are aiming to construct homes that will remain affordable in perpetuity, with a 33-home development in the same London borough.
In the UK, only around 10 per cent of new homes are self-built. But with the housing shortage increasingly acute, many groups and local authorities around the country are looking to community self-build as a potential solution. Can it deliver?