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THE LATCH said:one other point. If you were to apply for planning (before purchase), and got permission, what's to stop the owner then pulling out of the deal, and then advertising the site again, this time with planning permission, and asking for 4 or 5 times the price because there is now planning with the site???????
correct, the planning permission is the name of the individual who has applied for it, and for the specific property they wish to construct, the site can not be sold on at a higher premium based on the fact theres now planning permission...the person then subsequently buying it would still have to apply for planning permsission in their own name, however the vendor of the site knows that planning permission is obtainable...... its a chance you take, and a costly outlay considering theres no guarantee you will get planning, normally, you would put down a booking deposit, apply for planning, and upon approval of planning permission put down the rest of the deposit and sign a contract to purchase.a field subject to planning, once planning permission is received it is in the name of the person who applied for permission. Therefore the owner can't gazump you as permission attaches to a particular person and the field rather than the field on its own.
correct, the planning permission is the name of the individual who has applied for it, and for the specific property they wish to construct, the site can not be sold on at a higher premium based on the fact theres now planning permission...the person then subsequently buying it would still have to apply for planning permsission in their own name, however the vendor of the site knows that planning permission is obtainable......
what's to stop the owner then pulling out of the deal, and then advertising the site again, this time with planning permission, and asking for 4 or 5 times the price because there is now planning with the site???????
anyone can build but they cannot use someone elses planning permission, unless the site is being sold with outlining planning permission, which i presume in this instance is not the case.Unless there is a rural resettlement clause in a planning permission, or the like, it doesnt matter whose name it is in- anyone can build.
Vanilla said:A contract- do not go to the expense of applying for planning permission without a contract being in place to buy subject to planning.
ninsaga said:... so is it 'normal' to do this ie. have a contract in place such that if planning is granted that the seller MUST sell at the agreed price....but likewise, the buyer has the option not to go through with it if he so desires?
ninsaga
anyone can build but they cannot use someone elses planning permission, unless the site is being sold with outlining planning permission, which i presume in this instance is not the case.
so is it 'normal' to do this ie. have a contract in place such that if planning is granted that the seller MUST sell at the agreed price....but likewise, the buyer has the option not to go through with it if he so desires?
tallpaul said:Generally there are three tiers in this area:
a) a field with full planning permission already achieved, these obviously go for top whack
b) a field for sale subject to planning, this attracts a certain premium
c) a field for sale. With these you pays your money and takes your chance
Also I think, a field subject to planning, once planning permission is received it is in the name of the person who applied for permission. Therefore the owner can't gazump you as permission attaches to a particular person and the field rather than the field on its own.
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