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N. Thornton
 
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Default Buying a house with a view to extend...

Tony Bryer wrote in message ...
In article , N.
Thornton wrote:
That's unlikely because you're buying with a x% chance of getting
PP and selling with a planning refusal and the fact you're
selling would suggest that the reasons for the refusal are more
or less insuperable.


which will have no effect whatsover on its resale value.


If you would pay just as much for a site where PP has been refused (a
refusal not seen as being able to be overcome by an appeal or a minor
rework resubmission) and thus setting a precedent for any future
planning application I'm sure there are loads of estate agents who
would love to meet you.


Do feel free to explain to us why a 3 bed semi with planning for a
huge extension refused is worth less on the open market than the same
3 bed semi when PP has not been applied for.

The fact that 99% of buyers for said property will have no interest in
enlarging it does rather come into play, no? It wotn make any
difference to them whether PP has been applied for and refused or not.
AFAICS the only thing that would affect its value significantly is if
PP were granted: then certainly it would increase in value.

Regards, NT