paulr

As per title, how do you go about it. I've often thought about buying some land, possibly for building a house in the future. Is it worth risking without planning permission hoping to get it in the future. Anyone done it.

I often see good plots, how do you find out who owns it ?

Finally if you own land on its own, is there any tax to pay. I hate buying anything thats taxed.

Will

Try here mate Land Registry : We underpin the title to registered land in England and Wales and hold records for land ownership and interests..

I havent used them personaly, but if i remember my mate have and i think he

said you have to pay a small fee though. Hope it helps and good luck. And i

think you dont have to pay any tax on land thats sitting doing nout. Butt im

sure some one will be here shortly to correct me.

Tam the bam

Mr_Impreza what is a Dafad?

Will

One of these.

Diesel

Baaaafling is it?

zip106

The last bit (2 acres) of land I bought a few years back had to be valued as if there was planning permission on it.(it's only grazing land at the moment)

This was a requirement by HMRC due to Stamp Duty Land Tax.
It comes about incase there's an uplift in value in the future if PP is granted.

Fortunately we didn't need to pay anything after we argued that although it had been valued at over £1 million (IF PP was granted at the time of purchase), we only paid just over £20k for it, so £20k was it's value.
That took the Inland Revenue sometime to get their heads around it. Thick ******.

In any case, get a solicitor who specialises in land purchase.

This will tell you all you need to know.
HM Revenue & Customs: Stamp Duty Land Tax (SDLT): the basics

Tam the bam

Ah thanks for that mate

Will

I just love ******** them, can't get enough of them, they're damn tight and woolly!
Yum yum!

Tam the bam

Will

pimmo2000

iTrader: (6)

MikeCardiff

iTrader: (2)

If you see a really good plot, chances are the owner cant get planning permission for it. With all the wannabe developers, most really good land that had PP was bought up in the past few years.

Buying something hoping you may get PP in the future is a bit daft, as you'll just end up with a field you cant do anything with.

To give an idea, two fields were sold last year near me, approx 20 acres, and they sold for £100K ( around here about £4K - £5K is the going price for farming land ).

The land is right on the edge of the village boundary, and has a quarry on the other side, and will never get PP for houses on it. Had there been any possibility of PP then it would have been worth millions.

One time it can be worth buying is if it is land next to your property, either for you to extend your garden ( which can be done sometimes if you dont build anything on it, or if you want land for horses etc.. ) or to make sure that nobody else can ever build on it in the future.

I remember vaguely reading about a case where a collection of neighbours had bought the farmland around their houses ( the houses all backed on to open fields and farmland, so had a really nice view ) then rented it back to the farmer they had bought it from for £1 a year or something like that.

At the time there was no chance of PP for the land, but they wanted to make sure they didnt end up with a Barratt estate of bright orange houses overlooking them in the future.

PaulC72

I suppose your a gimp on the weekends too ;-)

Matteeboy

Try and find land with a total wreck of a building (a house) on it - then you'll get PP easily. Several for sale down here...

jvivok1985

iTrader: (4)

Ive just bought a plot to build a house but it cost me £77000 and am building a 3bedroom dorma bungalow on it, yet my dad owns a plot cud fit 4 houses on that he's had for 15yrs and fighting to try an push planning thru on it! yet valued as grazing land at £8000

So yeh u cud buy a field or plot with no pp an risk it, but he's sat on this 15 yrs an still got nowhere!

daddyscoob

We bought some land - 3/4 acre with outline planning permission about 4 years ago. It's in NI and we were living in England at the time. We moved into our new build house here at christmas Some pics in the DIY section under 'self build any interest'.

It was great to build a new house in what was just a field. You can apply for planning on land you don't own

Good luck

StickyMicky

Me and a mate looked into this a few years back as we were planning on building a joint venture jetwash site, and we were struggling to find any decent plots of land back then

Things might be a bit different now mind