Hi all, new to Askaboutmoney, to begin with please advise me if this thread would be more suitable in a different forum.
A family member is selling land 3/4s of an acre. The land is next door to my own home which I have lived in for 24 years. Im looking for an investment opportunity and the family member is willing to sell me the plot for a good price.
If I seek planning permission and I wish to sell the site, can a person from outside the locality (but has a housing need) purchase this site with the intention of building as per the plans in planning permission?
Alternatively, if I was to go ahead and build a house (following planning permission approval) what are the terms around selling this given I would not have lived in the property?
Thanks
A family member is selling land 3/4s of an acre. The land is next door to my own home which I have lived in for 24 years. Im looking for an investment opportunity and the family member is willing to sell me the plot for a good price.
If I seek planning permission and I wish to sell the site, can a person from outside the locality (but has a housing need) purchase this site with the intention of building as per the plans in planning permission?
Alternatively, if I was to go ahead and build a house (following planning permission approval) what are the terms around selling this given I would not have lived in the property?
Thanks
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