Episode 21 - Mike and Justin - Belfield Developments
Jan 17, 2025
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Dive into the world of custom building and discover how Belfield Developments is reshaping residential construction in Devon. Learn about the innovative 'plot passports' that allow homeowners more control over their designs while navigating planning permissions. Explore the difference between self-build and custom-build projects, and find out how varying plot prices open avenues for creating personalized living spaces. Finally, delve into the unique challenges and flexibilities of self-building in the current housing landscape of the UK.
Custom build housing is gaining traction due to growing demand for personalized and eco-friendly living options tailored to individual needs.
The distinct approaches of self-build and custom build highlight homeowners' varying levels of involvement and the importance of guided planning in the design process.
Deep dives
The Rise of Custom Build Housing
Custom build housing is becoming increasingly relevant as more individuals seek personalized and sustainable home options. Justin from Belfield Developments highlights the potential growth of this sector over the next decade, noting its recent popularity due to rising interest and awareness around eco-friendly construction methods. He emphasizes that unlike traditional new builds, custom builds allow homeowners to influence significant design decisions, such as floor plans, which enhances their investment and overall satisfaction. This participatory approach addresses common frustrations in the construction process where changes are often challenging to implement once groundwork has begun.
Understanding Self-Build vs. Custom Build
Self-build and custom build are related yet distinct concepts that cater to different homeowner needs. Self-build refers to acquiring an empty plot with little to no amenities while custom build allows for some pre-established services and an outline planning consent to be in place. The Teambridge Council's initiative showcases a site designated entirely for custom builds, where buyers can acquire serviced plots and have a degree of influence over their home’s design, balancing the autonomy of self-building with the structure of guided planning. This model ensures that efficiency and community principles are maintained while affording individuals the luxury of choice in their design.
Challenges and Opportunities in Custom Building
The landscape of custom building presents both challenges and opportunities for developers and buyers alike. Rising construction costs and lengthy planning processes are ongoing obstacles that developers face, particularly in a fluctuating market. Despite these challenges, the increasing demand for custom builds indicates a shift in consumer behavior towards wanting personalized living spaces, which can sometimes buffer against broader market slowdowns. Furthermore, potential buyers can save by taking on finishing tasks themselves, creating additional value in their investment while embracing a more involved and rewarding building experience.