I am buying a house, I've just received the survey from the council, details below,what shall I do?

Question

On the question, Planning Designations and Proposals
'What designations of land use for the peroperty or the area, and what specfif propsals for the peroperty, are contained in any currenent adotped or propseed development plan?'

The answer is 'Yes - UDP identifies the above property as being subject to development for major highway improvement proposals'

I really liked the property, however I am not sure whether I should go ahead with the purchase, any suggestions?

Answer 1

My partner is a property developer. He says that you need to investigate this further - find out excactly what the developments are - you can get this from the local planning department and get it in writing. For example, it could be improvements in the road system which would be a good thing or, they could be planning on building a new motorway outside your property which would not be so good! Importantly, remember the saleability of the property when you move - will someone else want to buy it from you in a few years time. Don't be hasty - maybe just have a little look to see if there is another more suitable property you can buy.

Answer 2

You would be mad to go ahead with the sale of this property cause when they are ready to do the development of the highway and they take the land back off you for what they want to pay you and they never pay you what the property is worth, so you would be throwing your money away if you went ahead with it.

Answer 3

The Council have indicated that your proposed buy is going to be either purchased for highway building or is to be altered ie some of the land may be lost . Any future sale will reflect the loss of amenitee no matter what they do give it a miss.~~

Answer 4

HI

that happened to someone i know and they lost thousands - council bought it back at base value - never built the road, but then proceeded to sell the propertiese at a much higher price. It was a complete nightmare! There are always plenty of houses for sale, start looking again, you dont want to be landed with a turtle!

L

Answer 5

I wouldn't buy that property, you might be forced to give it up soon when the highway dept. decides they want your property or some of it. You'll never get fair value. It may look good now but I'm certain in the very near future you'll regret your decision if you decide to buy.

Answer 6

u have to visit this site. LEARN effective on-line Due Diligence strategies- enabling you to use your computer and the Internet to identify the moneymaking properties (and avoid problem properties) WITHOUT having to actually visit them. LEARN how to find a property’s exact location, even if it doesn’t have a physical address

Answer 7

I wouldn't. It is one of those loosley worded situations where they could do what they liked. You might like it now, but will you like it in 2 years time with a highway running through your garden? Not too peaceful, really.....