Piggybank News

October 17, 2008

Changes in Planning Law saves Home Owners ££££’s

Filed under: Domestic Utilities,Property — nspresources @ 8:59 am
Tags: , , , , ,

Changes to planning regulations from October 1st will be welcome news to home owners and property investors alike. Relaxation of the rules means it’s going to be far easier to make changes to your property, saving on both planning fees and red tape.

This is great news for anyone who needs to increase their living space but is finding it hard to move up the property ladder in the current housing slump. It also provides another option for landlords struggling to make rental figures stack up over increasingly high mortgage payments.

Piggybank’s quick guide to the changes…….

Extensions – Single or two-storey extensions on the side or back of a house, up to ten feet deep, are now exempt from planning permission. This is easily big enough to provide an extra bedroom or work space. Sympathetic extensions are likely to increase the value of your property in the long run provided that you don’t lose too much garden or driveway in the process. Adding an extra bedroom will almost certainly increase rental values and it offers an excellent alternative to moving for owner occupiers.

Paving – No permission is needed to lay a driveway over 5 metres, as long as it is laid with porous material such as gravel, permeable concrete block or asphalt. (to reduce the risk of flooding). Providing off street parking is a very cost effective way of increasing the desirability of rental properties, thereby reducing voids.

Loft conversions – Loft conversions will not need planning permission as long as they are less than 40 cubic metres in terraced houses, or 50 cubic metres in detached and semi-detached houses.
If you don’t have a very big garden then a loft conversion can be a good alternative to a regular extension and 50 cubic metres is enough space to add both a bathroom and a bedroom. The main thing that you need to bear in mind is that you’ll need headroom of at least 2.3 metres to make a liveable space.

For further information please visit the Planning Portal’s website

http://www.planningportal.gov.uk/england/genpub/en/

NB. Please note that these guidelines only apply to England and Wales. Always consult your local authority regarding your individual plans and check with?them before starting any work.

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2 Comments »

  1. […] to Piggybank News to read the full […]

    Pingback by Changes to planning law « Cashflow 101 Club MK — October 17, 2008 @ 10:28 am | Reply

  2. […] and I thought that Cashflow Club members might also find it of interest.  Go to my blog at http://www.piggybanknews.co.uk for more details and a link to register for attendance. Leave a […]

    Pingback by How to use twitter and facebook to boost your business profits. « Cashflow 101 Club MK — December 1, 2009 @ 8:21 pm | Reply


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