• Caithness & Sutherland
• The Inner Moray Firth including Ross-shire
• Inverness city and all of Inverness-shire
• Lochaber, Skye and Wester Ross
• Moray, Badenoch and Strathspey
• Parts of Argyll and the Islands
What are your payment terms?
If Ptarmigan Homes are managing the planning and building warrant applications then a deposit payment would be required prior to commencement. This amount will depend on the amount of pre planning application work involved, up to a maximum of 5% of the Contract Sum. Please note that this will be refunded, less costs incurred, should planning permission not be granted.
Although we have a standard stage payment profile for most build contracts, this can be amended to suit the customer’s requirements or to suit the staged payment terms of your mortgage provider if required. Please note however that this must be agreed in writing by us prior to the start date.
What about stamp duty and VAT?
Under current legislation neither stamp duty nor VAT is payable on new build properties.
The only instance where you pay stamp duty on a new build is if you purchase the house and the land at the same time from the same person. All of the plots we have for sale on this website are advertised on behalf of the landowners and therefore stamp duty would still not apply to the build cost, only on the land purchase if the amount paid for the plot is above zero stamp duty limits.
How much will my home be worth when you have finished
In most cases, our customers make an average profit of 20% from building their home using Ptarmigan Homes. As an example, if you purchased a plot of land for £100,000, and the cost to build your house is £150,000, the value of your property when complete should be in the region of £300,000. This would mean that you had equity of £50,000 in your house from the day you move in. In our opinion, this method of purchasing a house is the only way to get ahead of the current property market.
It should be noted that this level of profit is not always the case. Some of our customers take a more long term view of their investment and spend a bit more on their house than normal, upgrading things like the fixtures and fittings and installing items such as ground source heat pumps and solar panels.
How long will it take to build my house?
If we are processing your planning permission and building warrant applications they can take anything from 6 to 8 weeks in normal circumstances. Once we receive these, or if you already have them in place, we can usually start building your house within two weeks, regardless of how many other houses we are building at that time. When we start building your house we normally take from 12 to 18 weeks to complete the project, depending on the size of the house, the time of year etc.
Based on this, we can normally complete a full build project within 6 months, including planning permission and building warrant, or within 4 months if you already have these in place.
Where can you deliver your kit homes to?
We have delivered our kit homes all over the UK, Europe and the Falkland Islands, although our most common requests we receive are from all over mainland Scotland and the Scottish Islands including Skye, the Western Isles, Outer Hebrides and the Orkney and Shetland Islands. For overseas houses we can arrange to have a full kit delivered to the port nearest your location, all contained in one container.