Galwaygirl
Registered User
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- 107
I am currently trying to purchase a site. The initial site was 0.5acres and we negotiated to buy 0.6 acres. Site layout plans had to be redone and as all was progressing nicely we put in the planning application while awaiting the updated paperwork.
Now the vendor has decided that he is unable to sell 0.6 and wants to revert back to the original 0.5. (apparently to do with REPS scheme and having to keep overall site sales to 2acres, 4x0.5). Does anyone know what effect it will have further down the line if we get planning on which the plot size differs from eventual land purchase. I can't get straight answers from anyone on this and am hoping that someone will have come across something like this previously.
Now the vendor has decided that he is unable to sell 0.6 and wants to revert back to the original 0.5. (apparently to do with REPS scheme and having to keep overall site sales to 2acres, 4x0.5). Does anyone know what effect it will have further down the line if we get planning on which the plot size differs from eventual land purchase. I can't get straight answers from anyone on this and am hoping that someone will have come across something like this previously.