The government is providing more than £150 million to support plans that make it more affordable for people to build their own homes.
The Help to Build scheme hopes to make building your own home a more realistic option for people that are trying to make their way onto the property ladder, with the scheme also enabling lower deposit mortgages.
It will provide an equity loan on the completed home, in a similar manner to the government's Help to Buy scheme.
Estimates suggest that self and custom build developments could deliver up to 40,000 new homes per year, with the scheme part of the government's wider Plan for Jobs plans.
Plan for Jobs is aimed at supporting more small and medium-sized building firms.
Andrew Baddeley-Chappell, CEO at the National Custom and Self Build Association, said of the scheme: "The Help to Build scheme is an important step towards greater customer choice for those with ambition, sound plans and smaller deposits.
"Custom and self build is about the homeowner having control over the design and specification of their project – enabling them to create the home they want, rather than the one someone else believes they would like.
"This scheme is all about delivering more and better homes, that more people aspire to live in and that communities are happier to see built."
Based in Derbyshire, Reisser is an international supplier of high-quality building accessories, aimed a professional and do-it-yourself developers.
With a wide range of products, businesses like Reisser could also stand to benefit from this scheme with the potential for 40,000 additional new homes being built ever year.
