IanB Posted 10 hours ago Posted 10 hours ago I'm an buying a property that has existing planning for demolition and rebuild. The vendor appears to have made quite a few planning applications. The conveyancing report states quote "The local authority's records indicate that the property is subject to a Section 106 Agreement." "A Section 106 Agreement is usually binding on any successors in title, meaning you, as the new owner, will be bound to the original obligations set out in the agreement" - a copy of this agreement has been requested for vendor's solicitor This is Horsham Council in West Sussex - which states that S106 is largely phased out in favour of CIL ?? There is a liability notice issued 09/06/2026 for £21,754.83 against the vendor and another for £2,722.82 issued 05/03/2024 for a different planning application by the vendor Obvious question here is am I liable for any of these charges i.e. should I be worried Thanks
Mr Punter Posted 2 hours ago Posted 2 hours ago If you implement the planning you will be liable for the S106 payment. Once you get the paperwork your solicitor should be able to advise. That is a fair chunk for a replacement dwelling and you may be able to reduce this.
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