Building Plots - Information for purchasing plots
for sale
On average the actual building plot accounts for up
to 35-45% of the total self-build budget. This is the
first step in the process of realising a self-build
dream. Locating and purchasing the plot of land is
perhaps the most difficult, but most important rung
in the ladder.
Building plots for sale with planning
permission already
granted tend to be significantly more expensive than
plots of land where no permission has been granted.
Plots for sale
without
planning permission
often offer a significant savings,
but there are no guarantees that permission will be granted,
so there is significant risk involved in this option.
The surrounding area may help in gaining planning
permission for your plot. For example a plot for sale
next to an existing development may
increase
the
likelihood of planning permission being granted. With such a location,
you may also benefit from established communications
and
have easier access
to services including electricity and water.
Buying a plot of land that already has a house built
is one way to potentially ease the pain of planning
permission. The property could be demolished to make
way for your self build project. Often bungalows come
with considerable land, can be extended or demolished
providing a good sized plot. It is possible that you
may be restricted to maintaining the same footprint
as the previous dwelling, so investigate thoroughly
before proceeding with any purchase.
Using the Internet
is a great way to locate a plot of land for sale. PlotWorld specialise
in listing building plots around the world and there
is no fee associated with
advertising or searching for a land. Many companies
charge a fee
simply
for
looking
at their
database of available building plots.
From subscription
service websites, email alerts when plots come on the market,
the Internet has the most up to date information on
availability. Don't forget, PlotWorld offers unique
RSS
feeds to provide you with real-time information
on the latest building plots available!
Land Agents can often
provide a valuable service. By dealing
with several
land sellers they
have the contacts and the access to land from many sources that
are perhaps not widely publicised. The Land Agent will
be taking a cut of the price you
pay though, however by building a good relationship with
a Land Agent by showing you are keen and ready to move
may get you first refusal on new plots of land in your
preferred area.
Further inforamtion
about a property is available onlinet. The Land
Registry is online, and for a nominal fee you can search the
history and ownership of the property including planning permission,
rights of way and covenants. You will need the title number or
the address of the property.
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