Building a house on side of house

Hoploz

Maybe you might meet someone and then you and your partner can buy together. You never know what's round the corner.

If 1-2 bed flats are £300-400k then I'd say a plot of land suitable for living on is going to cost more than 80k.

Harryp_24

surfer9 wrote: »

Hi everyone,

I am forever wanting to get on the property ladder. I am forever having to work out how I am going to do this due to how house prices have skyrocketed since 2012.

I currently live in a house-share. I live with others who have the same dilemma as me. I am single, but 2 of my housemates are in a relationship. I have hefty savings, they don't.

An plan would be: The 3 of us buy 1 house with enough land on the side of the property to be able to build another house.....

I give my savings to them and they get a mortgage to buy a property. They hand over the land on the side of the property to me. I request planning permission to build a similar sized home on the side of their property with their permission of course. Assuming it is relatively typical to be accepted permission to build, building commences. Happy days.

1. What are the chance of being given the go ahead to build? The plan would be to build in-keeping with the houses on the same road and take everything into consideration in order for the application to be accepted. What could prevent me from being permitted to build?

2. Any idea of the cost of building a house of similar size/style to the house on the left in the photo below. The idea would be to build to the left of it.

:rotfl:

What about when your friends tell you to !!!! off after they take your money?
What about when a neighbor blocks it?
What about when a drain/sewer needs access there?
What about when survery comes back saying it cant be built?
After you have given up your money to friends who get a mortgage and hand you land (which they wont be able to on a mortgage), How do you get the 60k to build the house?
So you get a free house and they get a mortgage?

Are you going to get all planning permission/surveys before you buy it? Can you even do that?
Otherwise youre giving away all your savings to be told no, then you will have no house, no deposit , no friends. :rotfl:

Also !!!!!! is up with that roof? what an ugly house.

elsien

I'll be his/her friend. If I stick around long enough, there could be a nice bonus in it for me.

3mph

No problem, just use the same mortgage company that Auntyloopy used.

Harryp_24

3mph wrote: »

No problem, just use the same mortgage company that Auntyloopy used.

:rotfl:

Mortgage secured against nothing!

Cheeky_Monkey

I quite understand the OP wanting to buy a house where he lives but it would appear that property is too expensive for him in Cloud Cuckoo Land - who knew :rotfl:

unforeseen

surfer9 wrote: »

2. Any idea of the cost of building a house of similar size/style to the house on the left in the photo below. The idea would be to build to the left of it.

That's not a house built onto the left of the existing house, that is a semi where the right hand house has built up on their right hand end to create extra headroom at that end and done a loft conversion by the looks of it.

tomatta

OP are you a cuck? Why else would you give a random couple your deposit :rotfl:

Jokes aside I think this is a crazy idea and is bound to end in disaster

fewgroats

Your header reminded me of the rhyme, apparently a nursery rhyme.

Big fleas had lesser fleas
Upon their back to bite 'em
And little fleas have lesser fleas,
And so on, ad infinitum.

hazyjo

unforeseen wrote: »

That's not a house built onto the left of the existing house, that is a semi where the right hand house has built up on their right hand end to create extra headroom at that end and done a loft conversion by the looks of it.

Agreed - wasn't sure from the wording if this is the actual house?! Definitely a semi. And if you built on the side of this block, it would make the middle one a terrace and the other end one an end of terrace - significantly reducing their value.


Bonkers plan I'm afraid.




Jx