If you fear that you’ll never be able to afford a decent house, then consider building one yourself. What’s that you say? Plot prices are ridiculous and architects and builders will skin you alive? True enough but there is a way…

Find a like-minded house buddy or two and pool your cash to buy a plot suitable for building two or three houses. Multiple plots are much cheaper than single plots. I recently bought a plot with permission for two 4-bed detached houses. If I split the plot with a chalk line, I could sell the individual plots and make a 30% profit margin. This should give you some idea of the typical discount that can be achieved by buying a multiple plot. …read more