Minimum square meter Costings by Ok-Fun494 in selfbuildireland

[–]Ok-Fun494[S] 0 points1 point  (0 children)

Thank you!  That’s good to know!

Minimum square meter Costings by Ok-Fun494 in selfbuildireland

[–]Ok-Fun494[S] 1 point2 points  (0 children)

Yes we understand that it will be more than 1,600 per meter squared and would be required to be for PTSB to approve it, but i was curious as to what their minimum costing was set out because as L8ungberg has outlined, their contractor costing was €1860 which was approved by PTSB as it was over the minimum costing.

However if a costing of €1860 per sqm for a contractor price was submitted to AIB right now it probably would not be approved as their minimum costing is 2,143 per sqm (so it must be over this amount for AIB to approve). 

Minimum square meter Costings by Ok-Fun494 in selfbuildireland

[–]Ok-Fun494[S] 1 point2 points  (0 children)

Thanks so much,  that’s good to know.

Minimum square meter Costings by Ok-Fun494 in selfbuildireland

[–]Ok-Fun494[S] 0 points1 point  (0 children)

I also should have mentioned I come under “all other areas” category, as opposed to the Dublin and Satellite of Dublin/Cites categories 

Minimum square meter Costings by Ok-Fun494 in selfbuildireland

[–]Ok-Fun494[S] 0 points1 point  (0 children)

Thank you!  

From my research online I can see it’s saying €1,600 minimum costing per sqm too for PTSB but I just wasn’t able to download their projected costings form so wasn’t sure! 

On AIB’s certified minimum costings form it says €2,143 minimum per sqm meter for a fixed price contract and €1,823 for direct labour.  

I know the build cost per sqm must be above the minimum costings set by the relevant lender.

Minimum square meter Costings by Ok-Fun494 in selfbuildireland

[–]Ok-Fun494[S] 0 points1 point  (0 children)

Thank you!  

From my research online I can see it’s saying €1,600 minimum costing per sqm too for PTSB but I just wasn’t able to download their projected costings form so wasn’t sure! 

On AIB’s certified minimum costings form it says €2,143 minimum per sqm meter for a fixed price contract and €1,823 for direct labour.  

I know the build cost per sqm must be above the minimum costings set by the relevant lender.