Is a 2VP new build genuinely VAT zero-rated?

Yes — new residential dwellings are zero-rated under HMRC Notice 708 (section 3). This applies to the construction of a building designed as a dwelling, including associated professional and subcontract fees where they form part of a single supply. We include the zero-rating in your contract and handle any HMRC queries. Mixed-use buildings and conversions follow different rules — we advise at feasibility.

Why one company instead of three quotes?

Three quotes from strangers means three companies that can blame each other when something cracks. With 2VP, the team that prices your project also designs it, builds it, and signs the 10-year HomePro guarantee. One mobile number from first sketch to final snag — and the person you meet on day one is the person whose name is on the warranty on day 365.

What if 2VP can't finish my project?

Our contracts include a financial completion bond and a list of named partner contractors. If anything happens to 2VP, your build still completes at the agreed price. The 10-year HomePro insurance-backed guarantee follows the property — not the company.

What protects my money?

Stage payments are released only after our independent QA inspector signs each stage off — never on the calendar. No upfront builder payment. JCT Minor Works contract. Itemised line-by-line scope. £17m total insurance cover (Public Liability £5m, Employer's £10m, Professional Indemnity £2m, plus Contract Works All-Risk and Product Liability).

How does 2VP vet its team?

The same trades on every 2VP project — not an open call. Lead carpenter, electrician, plumber, plasterer, decorator: all on rolling annual contracts, all DBS-checked, all sign the 12-month workmanship warranty alongside us. Architectural design is in formal partnership with Nick Elias Architects (RIBA Silver Medal).

What's covered by the warranty?

Two layers. (a) 12-month workmanship warranty backed by 2VP — covers anything we've installed that fails to perform as specified, including all snagging. (b) 10-year HomePro insurance-backed structural guarantee — underwritten and enforceable directly against the underwriter even if 2VP ceased trading. Travels with the property.

How will I know what's happening on site?

A daily on-site report at 5pm: photos taken at 09:00 and 17:00, captions, who was on site, what was done, what's next. Sent to your WhatsApp + email. Plus a written 48-hour SLA on every M2 Manager question. Plus QA-gate sign-off photos before any stage payment moves. You'll never wonder.

What's included in the price?

Everything in the itemised scope: full architectural design, planning application, structural engineer, party-wall surveyor (where applicable), Building Control, scaffolding, skips, parking suspensions, welfare and a daily clean. The full scope is on the contract before you sign — line by line. The number is the number.

New Builds · London

Ground-up homes.
Built once, built right.

For developers with a site and a programme — and for homeowners commissioning the home they’ve always wanted. Fixed-price JCT contract, RIBA design, VAT zero-rated.

Get your estimate →Talk to Vladimir

£1.8k–£3.2k

Per m² (ex prelims)

VAT zero-rated

For new dwellings

12–22 months

Typical programme

10 yr

HomePro guarantee

Who we work with

Developer schemes. Private homes. One team.

For developers

Site-ready. Programme-led.

ContractJCT Design & Build 2016 with CDP

Cost band£1.8k–£2.6k/m² ex prelims (multi-unit)

PaymentMonthly valuations to employer's agent

ProgrammeFixed at contract — 14–22 months typical

Insurance£17m total cover incl. Contract Works All-Risk

Request feasibility numbers

For homeowners

Zero VAT. Daily reports. Fixed price.

VATZero-rated under HMRC Notice 708

Cost band£2.4k–£3.2k/m² all-in

ContractJCT Standard Building 2016

ReportingDaily 5pm on-site report to your phone

Warranty12-month workmanship + 10-year HomePro

Get a homeowner estimate

Five scheme types

Every build is different. Here’s what each costs.

Cost per m² of gross internal area. Prelims, design, and contingency vary by scheme.

Multi-unit infill / plot

£1.8k–£2.4k/m²14–22 monthsDevelopers

About this type

JCT Design & Build 2016 with CDP. Monthly valuations to employer's agent. Programme fixed at contract. Prelims typically add 12–18% on top of the m² rate.

Cost range£1.8k–£2.4k/m²

Programme14–22 months

Planning basisEx prelims

AudienceDevelopers

Discuss this scheme

One-off family homeMost common

£2.4k–£3.2k/m²12–18 monthsHomeowners

About this type

Zero-rated under HMRC Notice 708. JCT Standard Building 2016. Daily 5pm on-site report. 12-month workmanship warranty + 10-year HomePro structural guarantee.

Cost range£2.4k–£3.2k/m²

Programme12–18 months

Planning basisVAT zero-rated

AudienceHomeowners

Discuss this scheme

Mews / heritage infill

£2.8k–£3.8k/m²15–24 monthsBoth

About this type

Higher rate reflects bespoke detailing, heritage compliance, and constrained site access. Nick Elias design partnership included. Party-wall and conservation officer liaison handled.

Cost range£2.8k–£3.8k/m²

Programme15–24 months

Planning basisFull Planning

AudienceBoth

Discuss this scheme

Rear new-build addition

£2.2k–£4.4k/m²5–9 monthsHomeowners

About this type

A standalone structure in the garden of an existing property. Wide cost band reflects site complexity — from outbuilding conversions to full residential annexes.

Cost range£2.2k–£4.4k/m²

Programme5–9 months

Planning basisEx VAT

AudienceHomeowners

Discuss this scheme

Mixed-use developer scheme

QS-priced18–30 monthsDevelopers

About this type

Residential + commercial combinations. Priced against a full QS bill of quantities. Request a pre-contract meeting for preliminary feasibility numbers.

Cost rangeQS-priced

Programme18–30 months

Planning basisBespoke

AudienceDevelopers

Discuss this scheme

Five core protections

What protects your money
on a 2VP new build.

Fixed Quote, Itemised

Every line item agreed in writing before you sign. The number is the number.

QA-Gated Payments

Stage payments released only after our independent QA inspector signs each stage.

Daily On-Site Report

Photos at 09:00 and 17:00. Who was on site. What was done. What's next. By 5pm.

12-Month Warranty

2VP-backed workmanship warranty on everything we install. Snags resolved in 48 hours.

10-Year HomePro

Insurance-backed structural guarantee. Enforceable even if 2VP ceased trading.

The design partner most builders can’t get on the phone.

Our design partner Nick Elias is a RIBA Silver Medal winner. Before founding Nick Elias Architects he was Associate at Haptic and worked at Foster + Partners, leading design on Apple HQ California, HS2 Euston, the Oslo Government Quarter and Istanbul New Airport. On every 2VP new build Nick handles concept, planning narrative and drawings — the drawing gets built, exactly.

Cholmeley ParkHighgate · N6 · new build family home

11 Cranes ParkKingston · KT2 · ground-up family home

Farhult WoodRural cluster · cluster of family homes

Alexandra DriveSouth London · full residential reset

Amott Road interiorPeckham · SE15 · living room

KPC Sports & CommunityCivic · new build mixed-use

Concept, renders & sketches · Nick Elias Architects. Photography · Rachel Ferriman (Amott Road).

For the developer in the room

The numbers your IM cares about.

48 hrs

Designer SLA

Every site question routed back to Nick — written reply within 48 working hours. No drift.

£17m

Insurance cover

PI £5m, PL £10m, contract works covered. Certificates issued before contract.

160+

Completed projects

Across 59 London areas including new builds, full renovations and museum-grade fit-outs.

A few schemes worth showing

Real new builds. Real schemes.

A mix of 2VP-delivered new builds and Nick Elias Architects designs progressed through planning and construction with our team.

Kingston · KT2

11 Cranes Park

Ground-up family home. Foundations to practical completion. JCT contract, fixed-price.

Built by 2VPNew buildVAT zero-rated

South London

Alexandra Drive

Full residential reset — courtyard rebuild, terrazzo halls, garden-room addition.

Built by 2VPReset & rebuildPremium spec

Highgate · N6

Cholmeley Park

New build family home. Brick volumes stepping down a contour, full-height glazing to the rear garden.

Rural cluster

Farhult Wood

A cluster of family homes set into existing woodland. Timber frame, larch cladding, shared landscape strategy.

Belgravia · SW1

46 Chester Square

Grade II townhouse — heritage exterior restoration, full interior design and bespoke joinery.

Built by 2VPHeritagePremium spec

South London

Moncrieff Street

Victorian terrace, side-return extension and full ground-floor renovation. Nick Elias design.

VAT zero-rating · HMRC Notice 708

New residential dwellings are VAT zero-rated.

Zero-rated under HMRC Notice 708 (section 3) — building services and most building materials on new dwellings carry 0% VAT. We handle the supplier zero-rate certificates and any HMRC queries. That’s 20% saved on a build cost of £600k = £120k back in your pocket.

VAT on new dwellings

Where we build

Across London. Studio in Fulham.

Fulham · SW6Chelsea · SW3Notting Hill · W11Chiswick · W4Battersea · SW11Clapham · SW4Peckham · SE15Belgravia · SW1Islington · N1Highgate · N6Kingston upon ThamesHammersmith · W6Paddington · W2Brixton · SW2View all 59 areas →

FAQ

Questions every homeowner asks.

Start your new build

Ground-up, fixed price,
ready when you are.

Feasibility numbers within 48 hours. No obligation.

Get your estimate →Request a call

Ground-up homes.Built once, built right.

Developer schemes. Private homes. One team.

Site-ready. Programme-led.

Zero VAT. Daily reports. Fixed price.

Every build is different. Here’s what each costs.

What protects your moneyon a 2VP new build.

The design partner most builders can’t get on the phone.

The numbers your IM cares about.

Real new builds. Real schemes.

11 Cranes Park

Alexandra Drive

Cholmeley Park

Farhult Wood

46 Chester Square

Moncrieff Street

New residential dwellings are VAT zero-rated.

Across London. Studio in Fulham.

Questions every homeowner asks.

Ground-up, fixed price,ready when you are.

Ground-up homes.
Built once, built right.

What protects your money
on a 2VP new build.

Ground-up, fixed price,
ready when you are.