Journal

Notes from
the ground.

Commentary on the market, small-site development, planning, and the craft of building a bespoke home — from Phil Baily and the Elizabeth Homes team.

26 July 2026 · Planning & policy

The small-site exemption that changes the maths on biodiversity net gain

From 6 August, most small sites drop out of mandatory biodiversity net gain. But self-builders lose their blanket exemption a week earlier — so the number that matters now is your site area, not your project type.

25 July 2026 · Planning & policy

The Future Homes Standard: why the date you apply matters more than you think

New homes get materially greener — and around £4,350 more expensive each — from March 2027. The transitional rules reward acting now, but they work building by building, not site by site.

11 July 2026 · Notes from the ground

The third way to build your own home

Most people think there are two ways to build your own home. There's a third — the way developers actually build — and for the right person it's the best of the lot.

2 July 2026 · Market commentary

The squeeze on small developers — and why we're leaning in

SME builders deliver a fraction of the homes they once did. The market is hard — but the ground is shifting toward exactly the small sites we back.

1 July 2026 · For landowners

How a developer works out what your land is worth

Behind almost every offer on land is one simple sum, worked backwards from the finished homes. Here's the back-of-the-envelope version — so you can see where the number comes from.

30 June 2026 · Development, explained

The risks hiding in the ground

The costliest surprises on a development are the ones you can't see — under the ground. Here's what a proper technical appraisal looks for before we commit.

29 June 2026 · Development, explained

How development finance really works

Very few developments are built with the developer's own money. Here's how the funding actually stacks up — equity, debt, and why experience is the currency that unlocks it.

28 June 2026 · Development, explained

Inside a planning application

A planning consent looks like a single yes-or-no. Behind it sits a defined process and a small mountain of specialist reports. Here's what's really involved.

27 June 2026 · Development, explained

How developers really find sites

The best development sites rarely reach the open market. Here's how they actually change hands — and how to spot potential others walk straight past.

26 June 2026 · Development, explained

Who actually builds it? Delivery routes, explained

A planning consent is a piece of paper. Turning it into finished homes is a separate job — and the route you choose to build it shapes your cost, your risk and your control.

25 June 2026 · Development, explained

How developers work out what a home will sell for

Every appraisal rests on one number: what the finished homes will sell for. Here's how it's worked out — from comparables to testing whether a market is actually liquid.

24 June 2026 · For landowners

How a land offer is really structured

The headline price is only half the story. How an offer is structured — deposits, conditions, deferred payments, overage — often matters as much as the number itself.

23 June 2026 · Development, explained

What separates a good scheme from a bad one

Two developers can look at the same site and see completely different things. Here's the assessment that separates a scheme worth backing from one that isn't.