One of the hardest decisions we made on this build was choosing to start again — even after planning permission had already been approved. Understanding the site properly changed everything. If you’re planning a self-build: spend time on the land. It matters more than you think. Would you have gone back to the drawing board? if you have a gut feeling that you have not made the right decision, dont be afraid to rethink it. Doing this at the right time is key!
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Land Planning Permission
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People often ask about the value of land lacking planning permission. Finding off-market land, without permission in place, is key for development. Build profit, when buying land with full permission, should be at least 25% of the gross development value to satisfy lenders and grow your business. Watch the full episode here: https://youtu.be/yA2ScIZydfY #LandValue #PlanningPermission #PropertyDevelopment #OffMarketLand #BuildProfit | Build It & Prosper
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When making an offer on land, always make it subject to obtaining planning permission. No permission, no obligation to buy. Unsuccessful applications happen, so factor that cost into every application. Do your due diligence and increase your chances of success. Watch Full Episode Here: https://youtu.be/5Jt4ekEJUGU #LandDeals #PlanningPermission #RealEstateTips #PropertyInvestment #LandAcquisition | Build It & Prosper
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