Last reviewed 29 June 2022

A scheme to boost the self and custom-build sector, supporting SME builders and creating new jobs, has been launched by the Department for Levelling Up, Housing and Communities (DLUHC).

The Help to Build equity loan scheme will offer 5% deposits towards land and building costs backed by £150 million of government funding with the aim of helping thousands of people in England onto the property ladder.

Help to Build opened for applications on Monday 25 June 2022.

Housing Minister Stuart Andrew said: “This innovative scheme will build on our work to break down the barriers to homeownership, as well as creating new jobs, supporting the construction industry and kickstarting a self and custom build revolution.”

The scheme will help families bridge the gap between their deposit and the cost of building material and land, allowing applicants to borrow between 5% and 20% of their costs across England — and up to 40% in London.

Total build costs cannot be over £600,000, or £400,000 if the land is already owned, and applicants must live in the property as a primary home.

Full details are given in the Government’s response to the recommendations made by the independent review into scaling up self-build and custom housebuilding which can be found here.

A specialist unit will be set up within Homes England to bring forward more self and custom-build plots on regeneration projects across the country. In addition, the Modern Methods of Construction Task Force (MMC) will promote the use of modular factory-built to boost custom homebuilding.