Novice in need advice re developer who is interested in our house

POPPYOSCAR

markin wrote: »

Without planning its only worth what any house on the street is, but with a nice garden. She could ask for anything she wants, They will just move on. They make the best profit buying cheap houses and then getting planning, not by buying houses already with planning or priced like it has planning.

In our experience more interest is generated once planning is obtained and a better price achieved.

Penguin90

M_Python wrote: »

Does your mum actually want to move house?

Yes. I hope I didn't make it sound as though she doesn't want to, she does, she's been talking about downsizing for years.

Penguin90

getmore4less wrote: »

Space is only part of the development potential,

Access can restrict the number of properties.

Local planning knowledge is essential,

Also chat with the neighbours they may be looking to get an even bigger plot.

Depending on the size of the houses and gardens around they may be looking for access and buying bits of gardens of others.

A bit of reseach will identify what other projects they have done and what they have paid for development plots.

Re access, it is my mum's house that has the access to the road - so if she doesn't sell, the neighbour's plot (who has also been approached) would be a non-starter in terms of development.

I think someone asked what kind of sale the developer is proposing, all they've said so far is that their offer is subject to planning and we'd be tied to it for 12 months (with the option to extend if planning is rejected). I assume that's pretty standard?