A new plan.

[Dee J]

Well Hello again. Well as you know, we ditched our self build plans with cries of never again.... but.

We might have a new, smaller side-project. We have acquired a two-storey garage workshop building. We'd like to convert the 50 sq m top floor into a studio flat and keep the rest as garage/attelier. There is current consent (gained on appeal) to demolish the whole lot and cram in two tiny terrace houses - but we really don't like that plan. Let's hope we can get our simpler option through.

D

[Ferdinand]

Remember that mixed use is usually unmortgageable.

 

F

Edited November 22, 2018 by Ferdinand

[Sjk]

Will need a more specialist lender, normally at higher rates of interest.

 

Could be stamp duty saving though..