Mike_scotland Posted September 2, 2019 Share Posted September 2, 2019 Hi Group, Quick question - is it normal for your solicitor to put a clause in when buying a plot that basically states you wont buy it until you have full planning in place? This is what i have heard is normal but on certain other forums i got ripped a new one saying its wrong as land is to precious to be hanging about waiting on from the sellers point of view. anyone had experience with buying land and it being stipulated that you get full planning in place and be 100% satisfied before your bound to buy it? Thanks, Mike Link to comment Share on other sites More sharing options...
LA3222 Posted September 2, 2019 Share Posted September 2, 2019 Not sure if normal but I'm sure there is some mechanism by which you reach an agreement that PP is achieved before completing if the land doesn't already have it. You'd be mad to gamble by paying the value of plot + pp if you don't yet know if pp can be achieved. Why should the seller benefit from the associated uplift in land value at potentially your expense should it all go wrong! Link to comment Share on other sites More sharing options...
Mike_scotland Posted September 2, 2019 Author Share Posted September 2, 2019 This particular plot has OPP but it just states a "dwelling" does say what type doesnt say size doesnt say anything and its really annoying as we like the plot just wish it had a better OPP with it haha Link to comment Share on other sites More sharing options...
PeterW Posted September 2, 2019 Share Posted September 2, 2019 OPP normally states more such as a “2 storey 4 bed dwelling” so have you looked at the application online ..? also look at the street scene - if it’s a row of 2 bed bungalows you may be unlikely to get DPP for a 5 bed house ... Link to comment Share on other sites More sharing options...
Ferdinand Posted September 2, 2019 Share Posted September 2, 2019 45 minutes ago, Mike_scotland said: Hi Group, Quick question - is it normal for your solicitor to put a clause in when buying a plot that basically states you wont buy it until you have full planning in place? This is what i have heard is normal but on certain other forums i got ripped a new one saying its wrong as land is to precious to be hanging about waiting on from the sellers point of view. anyone had experience with buying land and it being stipulated that you get full planning in place and be 100% satisfied before your bound to buy it? Thanks, Mike You can set whatever conditions you like. The issue is to make sure the seller is willing to work with them. You need a suitable agreement to make sure the increased value plot is not sold to a n other, and somehow to compensate 5he seller for the extra aggro you are causing them. Link to comment Share on other sites More sharing options...
newhome Posted September 2, 2019 Share Posted September 2, 2019 5 minutes ago, Ferdinand said: You need a suitable agreement to make sure the increased value plot is not sold to a n other, and somehow to compensate 5he seller for the extra aggro you are causing them. Surely you can get gazumped just like buying a house until you exchange contracts? In England anyway, although the OP is in Scotland so that may work in his favour. Link to comment Share on other sites More sharing options...
Ferdinand Posted September 2, 2019 Share Posted September 2, 2019 (edited) 4 minutes ago, newhome said: Surely you can get gazumped just like buying a house until you exchange contracts? In England anyway, although the OP is in Scotland so that may work in his favour. You have a lock in agreement which gives exclusivity for a period of time, and have some mechanism for compensating the buyer .. an option agreement with an option fee attached. And some penalty should the seller welch on the deal. And some agreed way of dividing the uplift in value. F Edited September 2, 2019 by Ferdinand 1 Link to comment Share on other sites More sharing options...
newhome Posted September 2, 2019 Share Posted September 2, 2019 If the plot has OPP there may not be an uplift in value as much as a plot without PP anyway I guess. 1 Link to comment Share on other sites More sharing options...
Ferdinand Posted September 2, 2019 Share Posted September 2, 2019 4 minutes ago, newhome said: If the plot has OPP there may not be an uplift in value as much as a plot without PP anyway I guess. In theory the difference would be how much the seller has spent plus something for their losses for waiting plus something for the time saved and convenience gained in theory by the buyer plus X. Minus Y. ? F Link to comment Share on other sites More sharing options...
Mike_scotland Posted September 2, 2019 Author Share Posted September 2, 2019 This is the first time i have seen OPP that doesnt state "rougly" what you can build. (like i have seen a plot with OPP but states OPP granted for a 200m2 home or OPP granted for 3 bed bungalow) Link to comment Share on other sites More sharing options...
Ferdinand Posted September 2, 2019 Share Posted September 2, 2019 Could you reapply for two dwellings, and sell off a small plot? ? 1 Link to comment Share on other sites More sharing options...
Mike_scotland Posted September 2, 2019 Author Share Posted September 2, 2019 it states clearly that the site should never be made into 2 seperate plots haha its half an acre would get a few on there, but i feel it wouldnt pass planning Link to comment Share on other sites More sharing options...
the_r_sole Posted September 2, 2019 Share Posted September 2, 2019 (edited) . Edited September 26, 2019 by the_r_sole Link to comment Share on other sites More sharing options...
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