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Selling - 2 new 'developments' close by

just had the legal pack through to sell my house and theres a part about any new developments in the area, there are 2 just not sure how to word it (whether it'll matter). Theyre replacing 4 x garages with 2 x 1 bed houses, and also planning in couple of years time to knock down the hotel at end of the road 100m away.
Cheers

Comments

  • emcap
    emcap Posts: 27 Forumite
    whats your question?
  • As a seller you have a duty to the buyer to declare anything happening nearby. To do what you have put in your post, planning permission would have to have been granted, so it will be public knowledge.

    The garages to homes one seems OK but what are they doing with the hotel site? Is it more houses?

    What people are nervous of is new roads being built, things like trams/railways and the idea of a new school will appeal to some, put others off.

    Find out if you can what will replace the hotel, so you can say hotel being knocked down and replaced with X,Y,Z.

    If you are unsure, just chat it through with your legal company first.

    Hope that helps.
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