The team at Finefair Ltd can get you all the help you require if you are planning to make alterations to a property. We have an extensive history partnering with investors who want more from their assets. Our people will be able to give you all the details about the permitted developments City of London allows. We can also look at the situations where you will still need planning permission.
People often make the choice to alter their property in some way. Many do this because it is a great way of improving the value of the building. A fact that many individuals may not be aware of however, is that there are rules to follow. They can even affect small changes like getting new windows. If you jump straight in, you may find you have massive penalties to pay for breaking the rules.
The world of permitted development
One of the most important details to know about altering a property is that you often need planning permission. Thanks to permitted development rights (PDRs) however, this is not true 100% of the time. These come straight from the government and they limit the amount of red tape in certain instances. To give an example, there are some locations where you can install an extension to your property under the right conditions without needing to get permission. You must stick to the specific designations though, including size, height, and location.
If your aim is to change your property in some way, it is best to begin by looking at the available PDRs. You will save yourself a lot of hassle on your projects this way. That being said, you must take care and look at the rules for the City of London. Changes and withdrawals to PDRs are also common. The government performs the latter via Article 4 Directions.
There is a chance that you will come across a situation where you will be unsure whether your plan shall be a permitted development. If so, contact your local authority for advice about what to do in this scenario.
There are other factors capable of restricting the permitted developments City of London allows as well. Tree preservation orders (TPOs), listings, and conservation areas may also be in place. Such policies are important for the protection of the biodiversity and conservation of an area.
The City of London has a total of 27 conservation areas. Every one of them has rules in place and a management plan to conserve them. To change any properties you have in these areas, you will usually require planning permission.
If there is a local or statutory listing, you will also be restricted with what you can do with the property. Again you will likely need to get permission. This is especially true for demolition and extensions. It is the same with rules and TPOs that preserve the biodiversity of a borough.
Ask us about permitted development in the City of London
Finefair Ltd is well aware of the effects of changing a property. With London, there is less space available. As a result, there is more value to add to properties if you can legally turn them into HMOs or separate flats. No matter what kind of project it is you have in mind, we can help.
We will support our clients while they go over all the options for permitted developments City of London has available. If you take your time here, you will be in for a very rewarding experience. It could increase the yield of your portfolio.
Get in touch with us today if you are considering altering your property in some way. We will be more than happy to offer you assistance.