We are planning on doing self build in the new year and hoping to do it without a mortgage. We have looked into taking out loan instead but nothing in the region of a mortgage amount.
We always planned to self build, husband has groundworks / building background so would get to block level ourselves before getting other trades in. We will be building on our own land so no need to purchase a site and there is already a mains water & sewage connection on the site. We are living with family atm so not paying rent and not necessarily in a rush to get into the house. We have been saving for a couple of years but my husband is self employed so been advised getting a mortgage may be difficult for us - we would love to do it mortgage free anyway even if easily approved. We have a good income between the 2 of us coming into the home (around €95k pre tax).
Has anyone advice on whether this is achievable and where the biggest pit falls / cost outgoings might be?
We always planned to self build, husband has groundworks / building background so would get to block level ourselves before getting other trades in. We will be building on our own land so no need to purchase a site and there is already a mains water & sewage connection on the site. We are living with family atm so not paying rent and not necessarily in a rush to get into the house. We have been saving for a couple of years but my husband is self employed so been advised getting a mortgage may be difficult for us - we would love to do it mortgage free anyway even if easily approved. We have a good income between the 2 of us coming into the home (around €95k pre tax).
Has anyone advice on whether this is achievable and where the biggest pit falls / cost outgoings might be?