Rural property industry to benefit from rise in self-builders

Self-builders in the UK are more likely to build in rural locations rather than urban areas. According to The Self & Custom Build Market Report, the proportion of self-builders with projects in rural local authorities is 43 per cent compared with the number of households based in England based in rural areas, which equates to 21 per cent.

Conversely, the share of households in urban local authorities is about the 39 per cent with just 16 per cent of self-builders, who responded to the survey, building projects in urban locations.

The survey, conducted by Homebuilding & Renovating, also reveals that the South West of England and Scotland are the two most likely places a self-builder will choose to start a project. London is the least likely location for a self-build.

According to Jason Orme, spokesperson for The South West Homebuilding & Renovating Show:

“Rural locations are providing a natural tranquil environment and more space than urban areas, which is just about what most young professionals, growing families or retirees pursue. With the continuous development of commuting options, creating a dream home in the countryside is a more achievable goal. Especially now when the products, services and how-to guides are readily available.”

The Self & Custom Build Market Report 2017, comprising 112 pages, can be purchased online via: www.homebuilding.co.uk/market-report, priced at £750 + vat. The main source of data that this report is based on is an entirely new comprehensive consumer survey of 500 self-builders who had either recently completed or are about to complete their project. This research was conducted via an online survey in 2017. The overall analysis was compiled based on statistics from HMRC, DCLG and more.