The problem in the UK is that land is the big cost, as there isn't enough allowed in the right areas for building. It doesn't matter if you drop your standard c

The problem in the UK is that land is the big cost, as there isn't enough allowed in the right areas for building. It doesn't matter if you drop your standard construction of a 3 bed house by £50k, £100k, or even eliminate it completely, the cost of the land would simply increase to compete, because demand is higher than supply, and the cost of a house is set by how much someone is allowed to borrow. Only when supply does (or even can) exceed demand does competition push prices down to the point where the build cost factors into the end cost