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We have a house with quite a large plot of land on the side do you think a developer would be interested without planning permission.

Asked on Sep 12 2010, Selling in Torquay | Report content

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  • Yes they would, but they might be far more interested with planning. The price you can expect to receive for this land will be greater with planning. If you don't want to apply for planning it will still get some interest.

    Web reference: http://www.uklanddirectory.org.uk/selling-land-faq.asp

    Answered on Sep 13 2010, Report content
  • My understranding is that there has been a change in attitude towards developments using gardens and these are looked upon as greenfields sites, where they used to be classed as brownfields and easier to get planning on. Check with a local planner to see the possibilites of getting planning before you spend money.

    Answered on Sep 14 2010, Report content
  • Technically yes, but...... Builders and developers have been hit by the current economic climate harder than many parts of the market, to the exetent that many banks are reluctant to lend on new sites. The problem with land without planning is that is value is effected. To maximise its value you should planning permission yourself and then offer the site 'readymade'. It is roughly worth about 30-35% of the final value of the building with full planning, 25-30% with outline, but without any consent probably little more than 15%. Most developers would likely only offer you a miximum of this or more likely try to push for an option agreement, which gives them an exclusive period to attempt planning.

    Answered on Sep 14 2010, Report content
  • You should consult a Chartered Surveyor: the RICS have produced a free leaflet "Extending your home" the link is below which has some useful pointers.

    Web reference: http://www.rics.org/site/scripts/download_info.aspx?downl...

    Answered on Sep 15 2010, Report content

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