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is selling land a good idea?

Hiya, I have a very big garden, dnough to build another house and for both house to have a decent size garden. Would I be able to sell the land and would it be better to get planning permision first before I tried to sell the land. How would I go about this, any help and advise would be appreciated.
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Comments

  • PasturesNew
    PasturesNew Posts: 70,698 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    If you get planning permission first then it is worth a lot more than somebody else taking the risk.
    As to whether you would be allowed, that is a matter for any peculiarities in your own house deeds (covenants/agreements etc) and the local council planning department. Plus any neighbours not agreeing with it.
  • real1314
    real1314 Posts: 4,432 Forumite
    The other reason to get the PP before selling is to specify the extent of the other property - it allows you to decide exactly where it goes and how big it is
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    You can change the plans even after planning permission is granted, so no, you can't necessarily decide where a house goes or how big it is. If the land could carry a larger house or more houses than the PP currently exists for, then anyone looking to make money would immediately reapply for permission and the OP wouldn't gain the best value from the plot.

    The first thing you need to do is speak to the planning department at your local council and establish whether you would be likely to gain planning permission at all. Then you can apply for outline planning permission, which will cost you less than full architects drawings. It will simply give you planning permission for an x number of bedrooms, detached house. That way you get best value from your land with minimum expenditure.
    Everything that is supposed to be in heaven is already here on earth.
  • krispy444
    krispy444 Posts: 94 Forumite
    <<You can change the plans even after planning permission is granted, so no, you can't necessarily decide where a house goes or how big it is. If the land could carry a larger house or more houses than the PP currently exists for, then anyone looking to make money would immediately reapply for permission and the OP wouldn't gain the best value from the plot.>>

    To keep some control of what can be built on the land you can have a covenant stating that they cannot build on the land without your approval, so even if they change the plans after getting planning permission they will still need your approval.
  • kingkano
    kingkano Posts: 1,977 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    thereby reducing the value and making it hard to sell etc.....
  • Doozergirl
    Doozergirl Posts: 34,082 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    kingkano wrote: »
    thereby reducing the value and making it hard to sell etc.....

    it's an issue, certainly. You can't buy a house without the previous owners wanting a cut of the new one.
    Everything that is supposed to be in heaven is already here on earth.
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